Ferguson's appointment as FTC chairman promises new trends in the tech sector
- Joe Ferguson becomes new FTC chair and may pursue a less interventionist approach than Lina Khan.
- Ferguson's appointment could bring new legal challenges in the tech sector and for social media.
Eulerpool News·
A remarkable leadership change is emerging at the U.S. Federal Trade Commission (FTC), which could significantly impact the tech industry. Joe Ferguson, known as a strong-willed lawyer with a conservative background, will take over from Lina Khan. While Khan was known for her ambitious regulations, particularly in the tech sector, Ferguson might pursue a less interventionist approach with a greater focus on antitrust issues.
Ferguson, a former Solicitor General of Virginia, has previously litigated against Google with the Justice Department over market monopolization in digital advertising technology. A verdict in this case could be announced soon. The new FTC chairman apparently plans to use national antitrust legislation as a tool to bolster conservative freedoms in social media, as evident from his career and recent statements.
Ferguson's political background suggests he wants to encourage social media platforms to promote conservative views, as expressed during his Senate hearings. This could lead to new legal challenges in the coming months and has already caught the attention of Republicans.
Interestingly, Ferguson, despite his conservative views, also shows a willingness to embrace some of Khan's initiatives, particularly the new merger guidelines, which he views as largely consistent with previous court rulings. This underscores his readiness to retain certain existing regulatory frameworks rather than necessarily revising them with every change in administration.
Ferguson's approach to the FTC could mark a strategic shift that reflects both the philosophical divide between parties in the Senate and the future direction of American technology policy. Modern Financial Markets Data
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