FTC’s Wu Says Dominant Internet Firms Shouldn’t Add Monopolies

Timothy Wu, an information industries scholar hired by the U.S. Federal Trade Commission, said in his first interview since joining the regulator that dominant Internet companies should be barred from monopolizing more than one market.

“We just take it for granted the Internet is always going to be vibrant, always going to be moving,” Wu, who joined the FTC in February, said in an April 18 interview. “It may require some oversight and also may require that the government itself doesn’t become the guarantor of monopoly.”