FTC Blocks $35B Merger, Protects Consumers from Higher Tech Costs
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FTC Blocks $35B Merger, Protects Consumers from Higher Tech Costs
WASHINGTON, D.C. — The Federal Trade Commission (FTC) has imposed strict measures on Synopsys, Inc. and Ansys, Inc. to address antitrust concerns arising from their proposed $35 billion merger. The FTC’s action requires both companies to divest key assets critical to maintaining competition in the software tool markets that power the design of semiconductors, optical devices, and other high-tech components. Ensuring Market Competition The FTC’s …
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