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ARTICLE · 19 MAY 2022

DOJ, FTC Conclude Listening Forums With Technology Industry In The Crosshairs

Holland & Knight
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The Federal Trade Commission (FTC) and Antitrust Division of the U.S. Department of Justice (DOJ) held the final installment of their "listening tour" on May 12, 2022...

United StatesAntitrust/Competition Law
Matthew Detzel
Matthew Detzel
Kenneth Racowski
Kenneth Racowski
Caitlin Saladrigas
Caitlin Saladrigas
David Kully
David Kully
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Highlights

  • The Federal Trade Commission (FTC) and Antitrust Division of the U.S. Department of Justice (DOJ) held the final installment of their "listening tour" on May 12, 2022, focused on the firsthand effects of mergers and acquisitions in the technology industry.
  • This session focused on the effects of consolidation in the technology sector and allowed the FTC and DOJ to hear from smaller market participants, investors in technology startups, technology workers, public advocacy groups, and other stakeholders affected by mergers in the technology industry.
  • Both houses of Congress have introduced numerous pieces of legislation containing antitrust-style reforms aimed at addressing some of the same practices about which forum participants expressed concerns.

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