Big tech warned by top regulator: We will break you up if we have to

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Big tech warned by top regulator: We will break you up if we have to
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'It's not ideal because it's very messy. But if you have to you have to,' said Federal Trade Commission chairman Joe Simons.

Federal Trade Commission chairman Joe Simons told Bloomberg he's willing to break up the major US tech firms if necessary, the first sign that US regulators might take drastic action against Silicon Valley. "It's not ideal because it's very messy. But if you have to you have to," said Simons. The FTC is currently investigating Facebook over antitrust concerns. Visit Business Insider's homepage for more stories.

Federal Trade Commission chairman Joe Simons told Bloomberg he's willing to break up the major US tech firms if necessary, the first sign that US regulators might take drastic action against Silicon Valley. "It's not ideal because it's very messy. But if you have to you have to," said Simons. The FTC is currently investigating Facebook over antitrust concerns. Visit Business Insider's homepage for more stories.

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