FTC’s Holyoak Urges Revival of Trump Crackdown on Tech Giants
- Trump executive order proposed FTC investigate platforms
- New Republican commissioner calls for terms of service study
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The Federal Trade Commission should study how the largest US technology platforms and financial institutions control content, Republican Commissioner Melissa Holyoak said, renewing a Trump-era proposal targeting companies that control “access to the digital commons.”
In her first public appearance since joining the antitrust and consumer protection agency in March, Holyoak called on the FTC to open a market study into tech and financial platforms, which would allow it to subpoena companies like Meta Platforms Inc., Alphabet Inc.’s Google and PayPal Holdings Inc. for information.