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FTC’s Ferguson praises Big Tech mergers — sort of

FTC’s Ferguson praises Big Tech mergers — sort of

Federal Trade Commission Chair Andrew Ferguson said today he’s trying to navigate between challenging a number of mergers, especially by Big Tech, with a desire to guard against transactions that add to mega-firms’ economic power.

“I don’t want antitrust wedded to either pole,” Ferguson told Y Combinator CEO Garry Tan during a conference hosted by the startup accelerator. The chair said one pole “is categorical, hardcore opposition to M&A activity, which hurts innovation.”

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