One decade. And 616 acquisitions and hundreds of billions of dollars spent.
Big Tech has been busy, to say the least, buying up smaller rivals. But the question has been whether the buying spree has stymied competition — or perhaps, to the contrary, nurtured it.
In a study released last week by the Federal Trade Commission, tech deal-making was tied to 616 transactions stretching back to 2010 and continuing into 2019. Of the 616 transactions, per the FTC data, 65 percent were between $1 million and $25 million.