US FTC to scrutinise Big Tech’s talent acquisition deals: Report

The U.S. Federal Trade Commission is scrutinizing ‍big tech firms that hire employees of a startup instead of ⁠buying the companies outright, Bloomberg News reported on Friday, citing the agency’s Chairman Andrew Ferguson.

The growing practice, in which big ‌tech firms ‌pay for startups’ technology and talent without buying the company, is seen ‌as a way to sidestep antitrust review.