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March 18, 2021 09:47 pm

Congress tries to get the FTC in fighting shape




House Committee On Foreign Affairs Hears Testimony From Secretary Of State Blinken
Photo by Ting Shen-Pool / Getty Images



On Thursday, House Judiciary Committee lawmakers held a hearing with some of the most prominent players in antitrust enforcement today. Two Federal Trade Commission leaders and two state attorneys general currently suing Facebook for violating antitrust law testified before the committee.


But while lawmakers have spoken extensively about breaking up companies like Facebook and Google, law enforcement agencies are the ones with real power to unwind tech mergers, even if their dwindling budgets and measly resources make it more difficult to do so. On Thursday, members of Congress signaled that they want to help them bring more lawsuits against Big Tech.


WHAT IT MEANS


In previous hearings, committee chairman Rep. David Cicilline (D-RI) and...



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Original Link: https://www.theverge.com/2021/3/18/22338763/facebook-google-antitrust-cicilline-ftc-slaughter-monopoly

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