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The Federal Trade Commission (FTC) is intensifying scrutiny on various sectors, including private equity in healthcare, defense mergers and acquisitions (M&A) deals, and tech capacity strengthening. President Biden announces a new price-fixing 'Strike Force' as part of the ongoing antitrust efforts. The FTC, along with other members of the International Competition Network, issues a joint statement committing to enhancing tech capacity. Business leaders are expected to reassess M&A deals in response to the FTC and Department of Justice's crackdown and new guidelines.
Antitrust & Competition Technology 2023 Year in Review https://t.co/f8juG4xRy0
1. From policing AI fraud to halting algorithmic collusion, effectively carrying out @FTC's mandate requires deep technological expertise. Today we joined a group of state and federal agencies in laying out how we will bolster internal tech capacity. https://t.co/LKCO7PskzZ
(1/2) Antitrust Tech Tuesday: Inflection and Stability AI's Fates Illustrate Need for FTC's AI Investigation; Khan, Raimondo Diverge on 'National Champions'; Qualcomm Abandons Autotalks Acquisition...
