Brent Kendall
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Senate Confirms Jonathan Kanter as Justice Department Antitrust Chief
The Senate confirmed Jonathan Kanter as the Justice Department’s top antitrust official, adding a pro-enforcement lawyer to a Biden-administration team that has already been aggressive in addressing what it sees as threats to competition. Kanter, 48, was confirmed on a bipartisan 68-29 vote, as Democrats and some Republicans believe antitrust enforcers should be doing more to protect competition in the marketplace, including in technology sector, agriculture and healthcare. Mr. Kanter has seen two decades of antitrust battles from several vantage points.
Supreme Court Cuts Federal Trade Commission Powers to Recover Ill-Gotten Gains
The Supreme Court curbed the Federal Trade Commission’s longtime practice of seeking to recover ill-gotten gains in court from companies and individuals who cheat or mislead consumers, upending a central enforcement tool the agency has relied on for decades. The court, in an opinion by Justice Stephen Breyer, ruled unanimously that a 1973 law, which gives the FTC the right to seek court injunctions to stop fraudulent or deceptive commercial activity, doesn’t grant the commission the power to seek financial judgments as well.
Congress Eyes Antitrust Changes to Counter Big Tech, Consolidation
Congress is considering the most significant changes to antitrust law in decades, including some proposals with bipartisan support. Lawmakers are looking at setting a higher bar for acquisitions by companies that dominate their markets; making it easier for the government to challenge anti-competitive conduct; and potentially forcing some giant technology companies to separate different lines of their businesses.
Justice Department Cites Treatment of Hunter Biden Articles in Call to Change Law Protecting Online Platforms
The Justice Department said it was concerned that Facebook and Twitter restricted access to recent New York Post stories about the son of Democratic presidential nominee Joe Biden, telling lawmakers the department supported bipartisan interest in changing a law providing legal protections to online platforms.
FTC Mulls Facebook Lawsuit as Staffers Support Antitrust Case
Federal Trade Commission staff members are recommending that the agency bring an antitrust case against Facebook, but commissioners haven’t yet reached a decision. The five-member FTC met privately via videoconference to discuss next steps, without taking action. The commission is facing political complexities, particularly with the Nov. 3 election looming. FTC Chairman Joseph Simons during his tenure has at times faced challenges in building coalitions among his Republican and Democratic colleagues.
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Justice Department Disagreement Arises Over Possible Google Antitrust Suit
Some Justice Department staffers have expressed internal concerns over plans to bring an antitrust lawsuit against Google—and what they view as an aggressive timeline favored by Attorney General William Barr. The department has been moving toward bringing a lawsuit as soon as this summer, but some lawyers involved in the yearlong investigation have expressed a belief that the department doesn’t have a camera-ready case right now and needs more t
US Antitrust Enforcers Signal Discord Over Probes of Big Tech
Bad blood between the the Federal Trade Commission and the Justice Department's antitrust division -- entities investigating the giants of the tech industry -- has grown more intense with the delivery of a letter from one agency to the other that might be considered the equivalent of a brushback pitch. Both agencies assert authority to investigate whether US companies are violating antitrust law by squeezing out competition.
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FTC Antitrust Probe of Facebook Scrutinizes Its Acquisitions
Apparently, the Federal Trade Commission is examining Facebook’s acquisitions as part of its antitrust investigation into the social-media giant—to determine if they were part of a campaign to snap up potential rivals before they could become a threat. Facebook disclosed the FTC’s antitrust investigation in its earnings announcement recently, but provided few details.
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U.S. Poised to Approve Merger of T-Mobile, Sprint
Apparently, the Department of Justice is poised to approve T-Mobile’s merger with Sprint under a divestiture plan that would equip satellite-TV operator Dish Network with the building blocks for a new wireless network. The companies have spent weeks negotiating with antitrust enforcers and each other over the sale of assets to Dish to satisfy concerns that the more than $26 billion merger of the No. 3 and No. 4 wireless carriers by subscribers would hurt competition.
FTC Gets Jurisdiction for Possible Facebook Antitrust Probe
The Federal Trade Commission will lead any antitrust investigation into Facebook under an arrangement that gives the Justice Department chief oversight of Alphabet's Google, as the US government gears up for scrutiny of the country’s major tech companies over competition concerns. The Justice Department and FTC now have established that each is responsible for antitrust issues for two of the Big Four tech companies: the Justice Department has authority over Google and Apple, while the FTC has oversight of Facebook and Amazon.