Wednesday , May 25 2022

FTC bosses are not against the disassembly of digital giants


The US Federal Trade Commission (FTC) is ready to disassemble large technology platforms, if necessary, said its president, Joe Simons, in an interview with Bloomberg on Tuesday.

»READ – $ 5 billion Record penalty does not solve Facebook issues

It is not easy to disassemble the group, but it can be a good way of re-gathering dominant groups and rebuilding competition, he said. At present, FTC is conducting a thorough investigation to determine whether Facebook groups such as Facebook may hinder the competition. The agency did not respond to the Reuters' request for comment.

Digital giants are suspected in the United States and anywhere in the world, and legislators, consumer associations, and their competitors believe they have too much power, which undermines society and competition.

»READ – Facebook's growth is far more than expected

Source link