To keep up with Silicon Valley, the FTC is building a tech-focused office

To keep up with Silicon Valley, the FTC is building a tech-focused office

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.”