Breaking News

CORSAIR announces XENEON EDGE 14.5" LCD Touchscreen Club3D announces new products! Firewalla Announces Firewalla Orange, a Portable Multi-Gigabit Cybersecurity Firewall and WiFi 7 Router that Brings Zero Trust Anywhere ENDORFY Palm Rest V2 series delivers comfort with a magnetic pull MSI’s Latest AMD X870E MAX & EVO Series Motherboards

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

FTC Ready to Break Up Big Tech Companies

FTC Ready to Break Up Big Tech Companies

Enterprise & IT Aug 14,2019 0

The U.S. Federal Trade Commission is prepared to break up major technology companies if necessary by undoing past mergers, Chairman Joe Simons said in an interview with Bloomberg published on Tuesday.

Simons said in the interview that breaking up a company is challenging, but could be the right remedy to rein in dominant companies and restore competition.

He is leading a broad review of the technology sector to see whether companies, including Facebook Inc, are harming competition.

Bloomberg quoted Simons as saying of breaking up companies, “If you have to, you do it.” He added, “It’s not ideal because it’s very messy. But if you have to you have to.”

Senator Elizabeth Warren has vowed to break up Amazon.com, Alphabet Inc’s Google and Facebook if elected U.S. president, to promote competition in the technology sector.

Tags: FTC
Previous Post
U.S. FAA Bans MacBook Pro Laptops From Flights
Next Post
CBS to Finally Merge With Viacom in $11.7 Billion Deal

Related Posts

  • FTC May Examine Action Against Facebook Over Plan to Merge its Apps

  • FTC Says Cambridge Analytica Deceived Facebook Users

  • AT&T to Pay $60 Million to Resolve FTC Allegations It Misled Consumers with ‘Unlimited Data’

  • Google and YouTube to Pay Record $170 Million for Violations of Children’s Privacy Law

  • Qualcomm Welcomes Court's Decision in FTC Case

  • FTC is Looking at Amazon’s Deal to Sell New Apple Devices

  • Facebook Settlement With FTC Will Cost the Company $5 billion: report

  • FTC Reached a $5 Billion Settlement With Facebook: report

Latest News

CORSAIR announces XENEON EDGE 14.5" LCD Touchscreen
PC components

CORSAIR announces XENEON EDGE 14.5" LCD Touchscreen

Club3D announces new products!
Enterprise & IT

Club3D announces new products!

Firewalla Announces Firewalla Orange, a Portable Multi-Gigabit Cybersecurity Firewall and WiFi 7 Router that Brings Zero Trust Anywhere
Enterprise & IT

Firewalla Announces Firewalla Orange, a Portable Multi-Gigabit Cybersecurity Firewall and WiFi 7 Router that Brings Zero Trust Anywhere

ENDORFY Palm Rest V2 series delivers comfort with a magnetic pull
Consumer Electronics

ENDORFY Palm Rest V2 series delivers comfort with a magnetic pull

MSI’s Latest AMD X870E MAX & EVO Series Motherboards
PC components

MSI’s Latest AMD X870E MAX & EVO Series Motherboards

Popular Reviews

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

Terramaster F8-SSD

Terramaster F8-SSD

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Soundpeats Pop Clip

Soundpeats Pop Clip

Akaso 360 Action camera

Akaso 360 Action camera

Dragon Touch Digital Calendar

Dragon Touch Digital Calendar

Noctua NF-A12x25 G2 fans

Noctua NF-A12x25 G2 fans

be quiet! Pure Loop 3 280mm

be quiet! Pure Loop 3 280mm

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed