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June 20, 2018 06:02 pm

FTC Will Examine Tech Platforms like Google, Facebook and Amazon as Part of Competition Review

The Federal Trade Commission will examine the questions surrounding powerful tech platforms like Google and Facebook as part of a review of consumer and competition policy issues beginning later this year. From a report: Hearings into these issues, announced by FTC Chairman Joe Simons on Wednesday, could help frame the agency's actions with regards to tech going forward. Simons indicated his examination of tech platforms would be broad and a major part of the review. "It's the network effects," he told reporters on Wednesday. "It's the fact that they're two-sided platforms. It's the interaction between privacy and competition. And it's all new, so it makes it very appropriate to have this be the subject of hearings and for us to get input on that."

Read more of this story at Slashdot.


Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/Qg3z6VjQROk/ftc-will-examine-tech-platforms-like-google-facebook-and-amazon-as-part-of-competition-rev

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