William Barr Interested in ‘Reassessing’ Anti-Trust Policies Towards Silicon Valley ‘Behemoths’

1/17/19
 
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from Brietbart.com,
1/15/19:

Attorney General (AG) nominee William Barr said during a Senate Judiciary Committee hearing on Tuesday that he’s interested in “reassessing” or learning more about the DOJ’s anti-trust policies regarding the Silicon Valley “behemoths.”

Sen. Mike Lee (R-UT), who chairs the Judiciary Committee’s antitrust subcommittee, asked Barr his thoughts on anti-trust.

Barr responded, saying that he remains interested in “reassessing” or learning more about the DOJ’s anti-trust policies regarding the Silicon Valley giants, especially considering how they became so dominant under the current anti-trust enforcers, which includes the DOJ and the Federal Trade Commission (FTC).

Barr explained:

Yes, I mean generally that’s where I stand that is the purpose of anti-trust law obviously is to protect competition and competition ultimately that rebounds to consumer benefits. At the same time, I’m sort of interested in stepping back and reassessing or learning more about how the anti-trust division has been functioning and what their priorities are. I don’t think big is necessarily bad, but I think a lot of people wonder how such huge behemoths that now exist in Silicon Valley have taken shape under the nose of anti-trust enforcers.

“And you can win that market share without violating anti-trust laws, but I want to find out more about that dynamic,” Barr added.

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