Simons says don't push us: FTC boss warns regulator could totally break up big tech companies if it wanted

Simons says don't push us: FTC boss warns regulator could totally break up big tech companies if it wanted

5 years ago
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https://www.theregister.co.uk/2019/08/14/ftc_says_it_could_break_up_big_tech_firms/

The boss of the Federal Trade Commission, Joe Simons, said yesterday that his agency could split up big technology companies if other solutions or remedies did not work.

The FTC chairman said the US regulator could potentially unpick previous mergers as part of its wide-ranging probe into large tech companies. This could refer to Facebook's purchase of Instagram and WhatsApp – both approved by the FTC at the time, of course.

Simons says don't push us: FTC boss warns regulator could totally break up big tech companies if it wanted

Aug 14, 2019, 5:15pm UTC
https://www.theregister.co.uk/2019/08/14/ftc_says_it_could_break_up_big_tech_firms/ > The boss of the Federal Trade Commission, Joe Simons, said yesterday that his agency could split up big technology companies if other solutions or remedies did not work. > The FTC chairman said the US regulator could potentially unpick previous mergers as part of its wide-ranging probe into large tech companies. This could refer to Facebook's purchase of Instagram and WhatsApp – both approved by the FTC at the time, of course.