Yeah, I read it correctly but am just now realizing I wrote "tech companies" instead of "big tech companies", my bad.
So this is more a move to preven them from bullying smaller tech companies? I can see it from that angle, but it still seems to me that they want the power to block acquisitions.
For instance, would the following acquisition/merger be allowed: a big tech company acquiring a small company, which the owner wants to sell, that does not influence public welfare?
So this is more a move to preven them from bullying smaller tech companies? I can see it from that angle, but it still seems to me that they want the power to block acquisitions.
For instance, would the following acquisition/merger be allowed: a big tech company acquiring a small company, which the owner wants to sell, that does not influence public welfare?