WASHINGTON, Feb. 4 -- Sen. Elizabeth Warren issued the following press release:
In a new letter today, U.S. Senators Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee; Ron Wyden (D-Ore.), Ranking Member of the Senate Finance Committee; and Richard Blumenthal (D-Conn.), Member of the Senate Judiciary Subcommittee on Antitrust, Competition Policy and Consumer Rights, urged the Federal Trade Commission (FTC) and the Department of Justice (DOJ) to enforce antitrust laws by investigating recent Big Tech "reverse acqui-hire" transactions, which, the senators warn, appear to be designed to evade antitrust scrutiny and risk further consolidating the Big Tech industry.
"The FTC and DOJ should no...