Tech
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 […]
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…
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