A new government task force has been assembled to monitor anti-competitive behavior in the tech industry.
On Tuesday, the Federal Trade Commission (FTC) announced that its Bureau of Competition is forming a Technology Task Force dedicated to monitoring competition among the U.S. technology industry.
This new task forced will investigate any anti-competitive conduct among the tech market, including online platforms, and have the authority to take enforcement action when necessary.
“The role of technology in the economy and in our lives grows more important every day,” said FTC Chairman Joe Simons in a public statement. “It makes sense for us to closely examine technology markets to ensure consumers benefit from free and fair competition.” Read more…
More about Competition, Task Force, Ftc, Antitrust, and Federal Trade Commission