The Federal Trade Commission (FTC), on February 11, ordered Alphabet (including Google), Amazon, Facebook, Microsoft and Apple “to provide information about prior acquisitions not reported to the antitrust agencies under the Hart-Scott-Rodino (HSR) Act”. These companies will have to provide information such as the terms, scope, structure, and purpose of such transactions made between January 1, 2010 and December 31, 2019. Two FTC commissioners wanted to scope expanded to Privacy and Data Security as well. More on that below. The companies will also have to reveal information related to post-acquisition product development and pricing, including how acquired assets were integrated and how the acquired data was used. We have reached out to Google, Facebook, Apple and Microsoft for comment, and will update the story when they reply. Amazon declined to comment. What is the HSR Act? The HSR Act requires companies…
- PrivacyNama Session: Government Access to Data; October 7 October 3, 2022
- PrivacyNama Session: Privacy, Children and Access to Services; October 6 October 3, 2022
- Summary: ONDC seeks feedback on trust-building measures in latest consultation paper October 3, 2022
- RBI has the powers to regulate payment aggregators: Delhi High Court October 3, 2022
- “Security Concerns” Prevented Meta from Releasing Full Report on Impact of Hate Speech on India October 3, 2022
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