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This hearing is 2 1 2 hours. Good morning. Today we welcome four nominees to testify before the committee as we consider their nominations to serve as commissioners of the federal trade commission. Nominated to serve as a commissioner and ftc chairman and his credentials are impressive. Mr. Simon served as the ftcs chief antitrust enforcer, among other positions the the commission. Most recently, he served and was partner and cochair of the entrust group at a law firm. Christine wilson is an antitrust and Consumer Protection attorney who served as Vice President for regulatory and Internationa...

And Transportation Committee heard from the four nominees on issues including antitrust laws, Prescription Drug pricing, Credit Rating agencies and the influence of Big Tech Companies like google and facebook. This hearing is 2 1 2 hours. Good morning. Today we welcome four nominees to testify before the committee as we consider their nominations to serve as commissioners of the federal trade commission. Nominated to serve as a commissioner and ftc chairman and his credentials are impressive. Mr. Simon served as the ftcs chief antitrust enforcer, among other positions the the commission. Most ...

Meeting will come to order. Welcome to the wednesday, february 7th, meeting of the government audit and oversight committee. I am supervisor fewer. Board president london breed has appointed me in place of vice chair peskin and i am joined by london breed and katy tang. Thank you to the clerk, and also like to thank those for staffing the meeting at sfgovtv. Silence all cell phones and electronic devices, speaker cards and copies of documents to be included as part of the file should be committed to the clerk. Items acted on today will appear on the february 13, 2018, board of supervisors agen...

We have seen serious issues come to light. The Credit Bureau was falsely marking consumers as terrorists and we have to get to these core accuracy issues and that is something that warrants bipartisan attention about what we can do to make sure the plumbing of our Consumer Financial infrastructure is working better. We need to use the fair credit reporting act as well as other laws. I agree the commission needs to amp up its work with respect to consumer reporting. Final question, i have spoken to you about this. Im interested in this area of predictive algorithms, some is simple Data Analytic...

Largecap tech is lagging the overall market gains. We see the dow perform the best. One of the reasons the dow is performing so well today is indeed walmart. Seeing a gain of 5 on that forecast for ecommerce sales to rise 40 in the next fiscal year in the united states. Walmart has been making investments in ecommerce for years and it looks like now they are finally starting to pay off. At the expense of amazon. Amazon seen as a big competitor walmart and analysts im putting alibaba up here as well. Those shares also rising today. Amazon the market cap of versus alibaba. We last saw alibaba as...