The mass layoffs that follow tech acquisitions are likely to attract greater scrutiny
Tech companies are forever acquiring each other, but future buys will likely face more scrutiny after four US federal regulators decided to share data that they hope will help antitrust investigators them assess whether an acquisition impacts labor markets – not just the market for tech.
"Congress passed the antitrust laws to ensure that all Americans benefit from free and fair competition," FTC chair Lina Khan said of the MOU."By deepening partnerships with the , the FTC will keep building on our whole-of-government efforts to ensure that all Americans can get a fair shot in our economy, free from unlawful coercion."
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