Biden administration eyes creating White House antitrust czar: Sources

Antitrust enforcement has emerged as an issue the Biden transition team has been paying close attention to. PHOTO: AFP

WASHINGTON (REUTERS) - The incoming administration of US President-elect Joe Biden is considering creating a White House position to focus on competition policy and issues relating to antitrust, two sources familiar with the situation said.

The idea remains under consideration and the Biden White House may not ultimately move on this, one of the sources said.

"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 one source.

The role could focus on moving information back and forth between agencies and coordinating, the source added.

Antitrust enforcement has emerged as an issue the Biden transition team has been watching closely, especially with the rise of Big Tech platforms, which provide free or inexpensive services to consumers while suspected of breaking the law to crush smaller rivals.

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

On Saturday, Reuters reported that two former Obama administration officials have emerged as Biden's front-runners for the top antitrust job at the Department of Justice.

The Justice Department and Federal Trade Commission, which share the work of antitrust enforcement, have been investigating the Big Tech platforms, Alphabet's Google, Facebook , Amazon and Apple.

The Justice Department sued Google and the FTC sued Facebook while investigations are ongoing into Amazon and Apple.

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