February 20, 2025 - 09:30
President Donald Trump has appointed Andrew Ferguson as the new chairman of the Federal Trade Commission (FTC). As a Republican and a seasoned legal professional, Ferguson brings a wealth of experience to the role. He has made it clear that his primary focus will be addressing the competitive practices of major technology companies, which he believes are detrimental to fair market competition.
Ferguson's commitment to tackling what he describes as Big Tech's "vendetta against competition" signals a shift in the FTC's approach. He aims to scrutinize the practices of these powerful corporations, ensuring they operate within the boundaries of fair competition. This initiative is expected to resonate with consumers and smaller businesses that have long felt the impact of monopolistic behaviors in the tech industry.
Under Ferguson's leadership, the FTC is poised to take a more aggressive stance on antitrust issues, potentially reshaping the landscape of the technology sector in the coming years. His tenure promises to be a pivotal moment for regulatory actions against large corporations, as he seeks to restore balance and promote a more competitive marketplace.
