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US: FTC’s Simons says Big Tech Companies “an area of concern for us”

By  |  October 7, 2018

According to a report from PJM, Joseph Simons, chairman of the Federal Trade Commission, said he has antitrust “concerns” about large technology companies, but declined to discuss specifics.

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    Simons also said he does not know “anything” about the leaked draft of a proposed executive order directing federal agencies to conduct an antitrust investigation of the big technology companies.

    Simons was asked if there should be a federal antitrust investigation of companies like Facebook, Google, Amazon, and Apple.

    “It’s not appropriate to comment on specific companies but you heard what I said, right, that this is an area of concern for us,” Simons said after his speech at the recent Georgetown University Law Center’s 2018 Global Antitrust Enforcement Symposium.

    Full Content: PJ Media, Youtube

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