Trump appoints Andrew Ferguson as FTC Chair, signaling potential crackdown on Big Tech

From Investing.com: 2024-12-15 05:00:00

President-elect Donald Trump plans to promote FTC Commissioner Andrew Ferguson to Chairman next month. Ferguson supports deregulation, but is critical of tech giants like Meta, Google, Microsoft, Amazon, and Apple. He aims to reverse current FTC Chair Lina Khan’s policies, focusing on antitrust enforcement against Big Tech monopolies. Analysts predict significant FTC actions to continue, including ongoing investigations into Amazon, Microsoft, Meta, and Google over censorship and antitrust concerns. Ferguson’s approach may complicate tech giants’ efforts to acquire generative AI companies.



Read more at Investing.com: Trump names Andrew Ferguson as FTC Chair. What are the Big Tech implications? By Investing.com