Breaking News
0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

Pressure on Big Tech builds as Biden picks another critic for key Justice post

Stock MarketsJul 20, 2021 04:21PM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters. FILE PHOTO: U.S. President Joe Biden departs after giving a briefing at the White House in Washington, June 2, 2021. REUTERS/Carlos Barria/File Photo

By Nandita Bose and Diane Bartz

WASHINGTON (Reuters) - U.S. President Joe Biden nominated lawyer and Google critic Jonathan Kanter as the Justice Department's antitrust chief on Tuesday in the latest sign the White House is determined to rein in the world's biggest corporations, especially Big Tech.

Progressives who advocate tougher enforcement of antitrust law pushed for the nomination of Kanter, who recently started his own law firm, Kanter Law Group LLP, which bills itself as an "antitrust advocacy boutique."

The White House called Kanter "a leading advocate and expert in the effort to promote strong and meaningful antitrust enforcement and competition policy."

He has spent years representing rivals of Alphabet (NASDAQ:GOOGL) Inc's Google, which the Justice Department sued last year, alleging that it broke antitrust law in seeking to hobble rivals.

The Biden administration previously chose two antitrust progressives with tech expertise, Tim Wu for the National Economic Council and Lina Khan to be a commissioner at the Federal Trade Commission.

Sarah Miller, executive director of the American Economic Liberties Project, said Kanter "has crafted many of the most successful legal arguments driving the major antitrust investigations into Big Tech."

Kanter declined comment on the nomination.

If confirmed by the Senate, Kanter, who previously worked for Paul, Weiss, Rifkind Wharton & Garrison LLP and two other big law firms, will take the reins of the Justice Department's Antitrust Division amid calls for tougher enforcement overall, with special criticism aimed at Google, Facebook Inc (NASDAQ:FB), Amazon.com Inc (NASDAQ:AMZN) and Apple Inc (NASDAQ:AAPL).

The tech giants have been under investigation for about two years, with a U.S. House of Representatives panel issuing a report in October that said they used "killer acquisitions" to fend off rivals, charged exorbitant fees and forced small businesses into "oppressive" contracts in the name of profit.

The companies have vigorously denied any wrongdoing.

The Justice Department Antitrust Division under Kanter will play a key role in implementing the Biden executive order aimed at promoting competition across the U.S. economy. In addition to suing Google, the Justice Department is also investigating Apple.

The Federal Trade Commission shares the job of antitrust enforcement with the Justice Department.

Pressure on Big Tech builds as Biden picks another critic for key Justice post
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Comments (1)
Felipe Daniel
Felipe Daniel Jul 20, 2021 3:16PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Biden and leftists Democrats will Not put any pressure on Big Tech because they are partners in censoring and abusing the American people.
Connecticut Yankee
A_Jaundiced_Eye Jul 20, 2021 3:16PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Just the opposite. This is a Mafia-style shakedown.  They will really, really put the squeeze on Big Tech until the latter agree to censor Conservatives only. Then the media will be COMPLETELY under the control of the Liberals.
Truth Trader
Truth Trader Jul 20, 2021 3:16PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
How is the vote-counting going?
Cameroonian Genius
Cameroonian Genius Jul 20, 2021 3:16PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
they're censoring and oppressing more than just the American people
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Continue with Google
or
Sign up with Email