Federal Trade Commission

Trump's pick for a top consumer watchdog once represented Microsoft and MasterCard

Trump's pick for a top consumer watchdog once represented Microsoft and MasterCard

The White House said Thursday that President Donald Trump intends to nominate Joseph Simons, a longtime expert in competition law, to head the Federal Trade Commission, America's top privacy and consumer protection agency.

The announcement ends months of speculation over who might lead the FTC and its efforts to regulate perceived monopolies and unfair business practices, at a time when many policymakers have raised questions about the growing consolidation of industries ranging from retail to media.

But one industry that may be breathing a sigh of relief? Silicon Valley.

Simons currently serves as a co-chair of the antitrust practice at the law firm Paul Weiss. His...

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