Home News FTC Chair Joe Simons Says He Is Prepared to Break Up Big...

FTC Chair Joe Simons Says He Is Prepared to Break Up Big Tech

275
0
ftc-chair-joe-simons-says-he-is-prepared-to-break-up-big-tech

The
Associated Press / BREITBART

Federal
Trade Commission (FTC) Chairman Joe Simons said Tuesday he remains
prepared to break up America’s largest technology companies, even
by reversing past mergers, as part of the regulator antitrust
investigation into big tech.FTC
Chair Simons told Bloomberg in an interview Tuesday that he could
break up the ig tech Masters of the Universe, including Amazon,
Facebook, Google, and Apple, as part of its antitrust investigations.
Simons said that although breaking up one Silicon Valley behemoth
could serve as a challenging task, it could become the right method
to rein in the most dominant tech companies as well as restoring
competition in the technology markets. Simons said of breaking up big
tech, “If you have to, you do it.” “It’s not ideal because
it’s very messy,” the FTC chairman added. “But if you have to
you have to.”

READ MORE AT BREITBART