Biden’s Antitrust Chiefs Seek Funds for Strong Enforcement
- FTC’s Khan says agency is ‘outgunned’ by Meta lawyers, 10 to 1
- DOJ has 350 fewer antitrust staffers than in 1979, Kanter says
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The Biden administration’s top antitrust enforcers asked Congress for more money to continue their ambitious enforcement strategy, telling a Senate panel that they’re “outgunned” by the legal power wielded by giant corporations.
During a Senate Judiciary Antitrust Subcommittee oversight hearing on Tuesday, Jonathan Kanter, the assistant attorney general for antitrust, said the Justice Department would litigate more mergers this year than any fiscal year on record and remains “committed to bringing difficult cases.”