) on Wednesday, with the chair of a House subcommittee expressing frustration over the companies’ continued acquisitions.
“By understanding these competitive dynamics, we can understand how the market leaders have monopoly power, how they exercise that monopoly power and whether the source of that power is for merit-based competition or the source of that power is exclusionary,” Delrahim said. Representative David Cicilline, chair of the subcommittee, noted that Google had continued with acquisitions despite the slew of antitrust investigations, pointing in particular to planned purchases of Looker and Fitbit. The acquisition of Looker, a privately held big-data analytics company, was approved last week.
Watchdog groups like Public Citizen and the Center for Digital Democracy, among others, urged the FTC Wednesday to block the deal.
Oh. This is why I lost $100 yday. Haha
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