Acquisitions

FTC Approves Amazon-Whole Foods Merger Despite Monopolization Concerns

2017-08-23 00:00:00 +0000 UTC | Importance: 8/10

The Federal Trade Commission approved Amazon’s $13.7 billion acquisition of Whole Foods Market on August 23, 2017, without an in-depth investigation. This decision demonstrated regulatory challenges in addressing 21st-century tech monopolies, as the FTC did not find substantial anticompetitive …

Amazon.com Inc. Jeff Bezos Whole Foods Market Inc. Federal Trade Commission Lina Khan +1 more regulatory-capture tech-industry antitrust amazon ftc +1 more

Facebook Acquires Instagram for Billion to Neutralize Potential Competitor

2012-04-09 00:00:00 +0000 UTC | Importance: 8/10

Facebook acquired photo-sharing app Instagram for billion, implementing what the FTC would later characterize as a ‘buy or bury’ strategy to eliminate competitive threats. Internal emails revealed CEO Mark Zuckerberg explicitly stated the acquisition was motivated by a desire to …

Facebook Inc. Mark Zuckerberg Instagram Inc. Kevin Systrom Mike Krieger +1 more regulatory-capture tech-industry antitrust facebook meta +1 more