Big Tech gets BLASTED by FTC Chief, cites willingness to take DRASTIC action
It’s about time!
We are all very aware of the authoritarian technocracy that is emerging online in 2019, but few have the authority, knowledge, or wherewithal to act.
The issue is simple, really: Our online rights are being trampled because enormously powerful companies such as Google and Facebook have bestowed authority upon themselves in the digital world. This authority somehow supersedes the American Constitution, at least in practice, due to the fact that these corporations grew into their power at a rate that was unfathomable to authorities.
The real-life America government is simply playing catchup while the online oligarchs continue to pillage We The People.
The Trump administration has been keenly aware of this growing issue, and have begun to explore several avenues of recourse…one of which involves the work of the Federal Trade Commission.
The head of the U.S. Federal Trade Commission said he’s prepared to break up major technology platforms if necessary by undoing their past mergers as his agency investigates whether companies including Facebook Inc. are harming competition.
FTC Chairman Joe Simons, who is leading a broad review of the technology sector, said in an interview Tuesday that breaking up a company is challenging, but could be the right remedy to rein in dominant companies and restore competition.
“If you have to, you do it,” Simons said about breaking up tech companies. “It’s not ideal because it’s very messy. But if you have to you have to.”
Concerns over these unfair practices have simmered as of late, with social media magnates using their power to censor those who speak out against them and their political beliefs.
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