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Willing to break up major tech companies, says FTC Chairman Joe Simons

Simons said an agreement between the FTC and the Justice Department to divide scrutiny of the tech industry is based on specific conduct, not on the companies themselves

Joe Simmons
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FTC chief Joe Simons has said breaking up a firm is tough but could be the right remedy to rein in dominant entities

David McLaughlin | Bloomberg
The head of the US 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

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