According to rumours, the FTC has also investigated Amazon’s acquisitions of One Medical and MGM. Nonetheless, the agency’s effort to stop Meta’s acquisition of Inside was unsuccessful.
“For more than a century, the FTC has tried to stay pace with emerging markets and ever-changing technology by establishing internal expertise,” Khan said in a statement. “Our technology office is a logical next step in ensuring we have the in-house expertise required to properly comprehend emerging technologies and market trends as we continue to combat illegal corporate activities and safeguard Americans.”