Lawmakers Urge Aggressive Action From Regulators on Big Tech
The Senate Antitrust Subcommittee pressed top antitrust regulators to aggressively investigate the power of the country’s biggest tech companies, with some lawmakers questioning whether the officials had the will or resources to take on Silicon Valley’s richest businesses. The lawmakers pushed for assurances that the agencies would provide vigorous oversight of the companies. But the regulators — Joe Simons, the chairman of the Federal Trade Commission, and Makan Delrahim, the top antitrust official at the Justice Department — offered few details about their inquiries into the industry. That frustrated some of the lawmakers at the hearing. The senators criticized how the agencies are orchestrating major antitrust reviews.
Lawmakers Urge Aggressive Action From Regulators on Big Tech Senators Question Two Agencies’ Investigations of Big Tech Firms (WSJ)