US: Simons announces FTC will conduct tech industry policy hearings

Joseph Simons, the new head of the Federal Trade Commission wants to review how the consumer protection and antitrust agency polices companies like major tech platforms, promising “vigorous enforcement” of the sector, reported The Hill.

On Wednesday Simons announced that he would convene a series of public hearings later this year to examine whether changes in the economy prompted by the rise of Silicon Valley call for a change in how regulators carry out enforcement priorities.

“Beginning in the fall and continuing through January, the commission is going to hold a series of multi-day, multi-part public hearings to help us evaluate our policy and enforcement efforts to see if they need modification and if so what that might look like,” Simons told reporters Wednesday.

The hearings will focus on topics like internet privacy, big data and platform companies’ market power.

Full Content: The Hill

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