Regulators are on a crusade against enormous corporate mergers, but big tech is getting close to completing some of the biggest acquisitions in U.S. history.
Lina Khan, the Federal Trade Commission chair, has said that the best way to break up today’s big conglomerates is to look to the past, specifically to the early 1910’s and the age of Teddy Roosevelt trust busting. Despite her lofty goals, for much of year or so she’s been in charge of the agency that’s
been stymied by partisanship among commissioners, with a 2-2 split along party lines. Republicans in CDemocrats the majority until this past May.tech has become. Amazon has been a particular boogeyman for Khan’s vision of the FTC. In fact it was herwrangle the tech behemoth that put her in the national spotlight. Without the majority, Amazon was able to
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bitcoin holds 5-week high as trader suggests ‘parabolic' bear trend is overBTC price action keeps inverse dollar correlation with Bitcoin breaking out to multi-week highs.
Read more »
Blackstone draws over $24 bln commitments for latest real estate fundBuyout giant Blackstone Inc has secured commitments worth $24.1 billion for its latest real estate fund, according to a regulatory filing on Wednesday.
Read more »
Billion-dollar finance firm hires celebs to headhunt prime job candidatesIn a hot hiring market, Liquidity Group has been shelling out on celeb message site Cameo, getting stars to encourage its favorite applicants to accept positions.
Read more »
Sen. Mitt Romney: Saving Great Salt Lake will likely cost ‘billions’Legislation introduced by Romney, along with Utah Reps. Chris Stewart and Burgess Owens, would call on the Army Corps of Engineers to research ways to save the ailing Great Salt lake.
Read more »
How Astrology turned into a billion-dollar businessThe astrology industry business is booming with dedicated apps, social media accounts and business owners. But the industry isn't new.
Read more »