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

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.

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 MediaYoutube

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