Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

U.S. Senate confirms Google critic Kanter to head Justice Dept Antitrust Division

Published 11/16/2021, 06:29 PM
Updated 11/16/2021, 07:07 PM
© Reuters. FILE PHOTO: A 3D printed Google logo is placed on the Apple Macbook in this illustration taken April 12, 2020. REUTERS/Dado Ruvic/Illustration

WASHINGTON (Reuters) - The U.S. Senate voted on Tuesday to confirm Google critic Jonathan Kanter, who was backed by progressives, to head the Justice Department's Antitrust Division.

In his confirmation hearing, Kanter pledged to enforce antitrust law in agriculture, pharmaceuticals and the labor market, as well as in Big Tech.

The Senate confirmed him on a vote of 68 to 29.

Kanter is the third of three people, who all have tech expertise and were backed by progressives, to be chosen for key antitrust posts. The other two were Tim Wu for the National Economic Council and Lina Khan as chair of the Federal Trade Commission.

Kanter takes the reins of the Justice Department's Antitrust Division at a time of calls for tougher enforcement and bipartisan criticism of internet platforms like Facebook Inc (NASDAQ:FB), Amazon.com Inc (NASDAQ:AMZN) and Apple Inc (NASDAQ:AAPL). The companies have vigorously denied any wrongdoing.

Kanter 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 search engine rivals. The government is preparing to file a second lawsuit focused on the company's digital advertising business. Google has also denied wrongdoing.

The department is also investigating Apple for alleged violations of antitrust law.

The Justice Department and Federal Trade Commission, which share the work of enforcing antitrust law, have seen a surge in deals in the past year.

In the past year, the department also sued to stop Penguin Random House's $2.2 billion deal for Simon & Schuster and to halt a partnership between American Airlines (NASDAQ:AAL) Group Inc and JetBlue Airways (NASDAQ:JBLU) Corp. It also stopped a deal between Aon (NYSE:AON) Plc and Willis Towers Watson (NASDAQ:WLTW) Plc.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.