Pete Buttigieg wants the FTC to fight big tech monopolies

During his CNN town hall event last night in New Hampshire, 2020 Democratic candidate Pete Buttigieg said that, if elected president, he would work to empower the Federal Trade Commission so that it could better tackle tech monopolies.

Buttigieg has previously critiqued what he perceives to be concentrations of wealth across industries, including tech. On Monday night, he discussed at length the extent to which he believes current antitrust standards fail when challenged by free services like Facebook and Google.

“Antitrust law as we know it has begun to hit its limits with regulating tech companies,” Buttigieg said. “It’s not designed to handle…

Continue reading…

from The Verge – All Posts

Travel Back Up To The Top!