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Obama’s antitrust nominee to keep close eye on big business

 |  July 29, 2012

In a nomination hearing on Thursday, William Baer, Obama’s choice for DOJ Antitrust Division Director, encouraged intense scrutiny of dominant firms. “Any time a dominant firm is in a position to hit a tipping point and abuses that position, antitrust ought to be looking,” commented Baer. Baer is considered a candidate that will likely maintain the current direction of the antitrust unit, which is currently reviewing price-fixing concerns diverse areas such as auto parts, optical disk drives, derivatives market, interest rate manipulation, and possible cable company suppression of Internet video streaming.

Full content: Reuters


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