Biden Administration weighs odd of creating White House antitrust coordinator

According to two sources familiar with the internal deliberations, U.S. President-elect Joe Biden Administration is weighing the odds of creating a White House position focused “on competition policy and issues relating to antitrust”.

One of the sources has cautioned that the incoming Biden White House may ultimately not make the move.

“It is yet to be determined if this will be more of a coordinator kind of a role or if this person will really sit at the White House,” said a source. “The role could focus on moving information back and forth between agencies and coordinating,” said the source.

With the rise of Big Tech platforms, issues surrounding antitrust enforcement has emerged as a key issue the Biden transition team has focused on, especially with them providing free or inexpensive services to consumers while suspected of breaking the law to crush smaller rivals.

A spokesman for the Biden transition team did not immediately comment on the topic.

On Saturday, according to media reports, two former Obama administration officials have emerged as Biden’s front-runners for the top antitrust job at the Department of Justice.

Along with the Federal Trade Commission, the Justice Department shares the work of antitrust enforcement. Both agencies have been investigating Big Tech platforms, including Alphabet’s Google, Apple, Inc and Facebook.

So far, the Justice Department has sued Google and the FTC has sued Facebook while investigations are ongoing for Amazon and Apple.

Categories: Creativity, Economy & Finance, Entrepreneurship, HR & Organization, Regulations & Legal, Strategy

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