US FTC to scrutinise Big Tech’s talent acquisition deals: Report

Share via:



The US Federal Trade Commission is scrutinising ‍big tech firms that hire employees of a startup instead of ⁠buying the companies outright, Bloomberg News reported on Friday, citing the agency’s Chairman Andrew Ferguson.

The growing practice, in which big ‌tech firms ‌pay for startups’ technology and talent without buying the company, is seen ‌as a way to sidestep antitrust review.

“We are beginning to examine these acqui-hires to make sure they are not an attempt to get around” the agency’s merger review process, Ferguson said in an…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

US FTC to scrutinise Big Tech’s talent acquisition deals: Report



The US Federal Trade Commission is scrutinising ‍big tech firms that hire employees of a startup instead of ⁠buying the companies outright, Bloomberg News reported on Friday, citing the agency’s Chairman Andrew Ferguson.

The growing practice, in which big ‌tech firms ‌pay for startups’ technology and talent without buying the company, is seen ‌as a way to sidestep antitrust review.

“We are beginning to examine these acqui-hires to make sure they are not an attempt to get around” the agency’s merger review process, Ferguson said in an…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Tech wrap this week: Apple announces Creator Studio; Vivo,...

Apple, Google, Vivo, Redmi and Realme all pushed...

Tech wrap this week: Apple announces Creator Studio; Vivo,...

Apple, Google, Vivo, Redmi and Realme all pushed...

Apple @ Work: Password Utility solves the FileVault reboot...

Apple @ Work is exclusively brought to you...

Popular

best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv