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U.S. Justice Dept antitrust nominee Kanter has confirmation hearing next week By Reuters


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WASHINGTON (Reuters] – President Joe Biden’s nominee for the presidency to run the Justice Department’s Antitrust Division, Jonathan Kanter will present at a confirmation hearing before the Senate Judiciary Committee next week, according to the website.

The nomination of Kanter is unlikely to cause any opposition during the Wednesday hearing. If approved by the committee, the nomination goes to confirmation in the full Senate.

The latest indication that the White House wants to curb the power of the largest corporations in the world, particularly Big Tech, is Kanter’s selection by Biden to be the Justice Department’s Antitrust Chief. He was nominated by Progressives, who support stricter antitrust enforcement.

Kanter is a long-standing advocate for Google’s competitors. Google was sued by the Justice Department last year. They claimed that Google violated antitrust law when it tried to impede rivals.

Lina Khan, an antitrust prodigy with technical expertise was previously appointed by Biden to the Federal Trade Commission as Chair and Tim Wu to the National Economic Council.

If confirmed by the Senate, Kanter will take the reins of the Justice Department’s antitrust division amid calls for tougher enforcement, with special criticism aimed at Google, Facebook Inc (NASDAQ:), Amazon.com Inc (NASDAQ:) and Apple Inc (NASDAQ:).

Both companies vigorously deny any wrongdoing.

This division will be a major player in the implementation of the Biden executive orders that promote competition throughout the U.S. The Justice Department also investigates Apple, in addition to Google being sued.

The job of antitrust enforcement is shared by the Justice Department and the Federal Trade Commission.

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Mike Robinson
Mike covers the financial, utilities and biotechnology sectors for Street Register. He has been writing about investment and personal finance topics for almost 12 years. Mike has an MBA in Finance from Wake Forest University.