David Lynch
Rhode Island Gov. Raimondo is confirmed as commerce secretary
Gov. Gina Raimondo (D-RI) won Senate confirmation as the next US commerce secretary, a post that will thrust her into some of the most contentious economic and security questions confronting the Biden administration. The Senate easily approved her nomination by a vote of 84 to 15. She is expected to be sworn in on March 3. Gov. Raimondo, a former venture capitalist who was reelected to her second term as Rhode Island’s chief executive in 2018, will assume command of a federal agency with sweeping responsibilities and an increasingly important portfolio.
How the US-China trade war became a conflict over the future of tech
It may have begun as a trade war, but the US conflict with China is increasingly becoming a technology war. President Trump’s decision to confront Beijing over policies that he says discriminate against foreign companies and distort global markets has become a battle for control of advanced communications and computing technologies. That evolution is taking the transpacific conflict into sensitive realms of national security and human rights, making a quick settlement an ever more distant outcome.
Comcast offers a model for AT&T-Time Warner deal scrutiny
If US regulators impose conditions on an eventual approval of the proposed AT&T-Time Warner tie-up, they are likely to start with the more than 150 provisions they required for a similar transaction five years ago.
In its most significant orders, the US Department of Justice in January 2011 forced a merger between Comcast and NBCUniversal to license programming to other distributors, refrain from retaliating against content providers who supply rival cable companies and give equal treatment to competing online products on its internet network. The head of DoJ’s antitrust division at the time applauded the compromise. “The conditions imposed will maintain an open and fair marketplace while at the same time allow the innovative aspects of the transaction to go forward,” says Christine Varney, now head of the antitrust practice at Cravath, Swaine & Moore, which is representing Time Warner in the AT&T deal. But technology, markets and politics have all changed since 2011, potentially complicating the AT&T-Time Warner union, according to antitrust specialists in Washington.