14-02-2018 19:38 via finance.yahoo.com

FTC nominees open to tech probes, concerned about high drug prices

The Federal Trade Commission should be open to investigating big tech firms like Google or Facebook if they use their power inappropriately and should create a drug pricing task force to identify unusual price increases, Joe Simons said at a hearing to consider his nomination to head the agency.Three others nominated to be FTC commissioners, Republicans Christine Wilson and Noah Phillips and Democrat Rohit Chopra, agreed with Simons' concerns about the two issues at their confirmation hearing at
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