Antitrust regulation will change under Biden, but don’t expect revolution.

first_img– Advertisement – F.T.C. commissioners serve staggered terms and need Senate approval, so it could take time for the balance to shift. In any case, experts say the political climate isn’t ripe for an aggressive policy overhaul. David Vladeck, a Georgetown University law professor and former director of the F.T.C.’s consumer protection unit, said that even though “antitrust laws haven’t worked very well in the digital economy,” he doubted a revolution was either desirable or possible. Similarly, Eleanor Fox and Harry First of New York University, who recently outlined new rules to rein in Big Tech, said there was plenty of room for consensus in the ideological middle, balancing nuanced views on market efficiency and consolidation. – Advertisement – The F.T.C.’s five commissioners are currently three Republicans and two Democrats. The Democrats, Rohit Chopra and Rebecca Slaughter, often oppose the majority’s “permissive” treatment of corporations, and one of them could become the new head of the agency. Indeed, the House Committee on Energy and Commerce recently urged Mr. Simons to “immediately stop work on all partisan, controversial items,” noting that leadership “will undoubtedly be changing.” – Advertisement – A debate has raged between more laissez-faire conservatives and the so-called progressive “hipster antitrust movement” seeking a more muscular competition policy overhaul, especially toward Big Tech. President-elect Joseph R. Biden Jr. is expected to seek a balance between these competing ideologies.center_img And Sean Royall, a former deputy director of the F.T.C.’s competition bureau who is now a partner at the legal giant Kirkland & Ellis, said, “The changes we expect are on balance fairly moderate.” Joe Simons, the chairman of the Federal Trade Commission, said Thursday that monopolies could “squash” smaller competitors by buying them, a possible warning shot ahead of the agency’s expected lawsuit against Facebook. The statement highlights how the agency’s approach to antitrust could change under a Biden administration, as the Democratic Party’s left wing pushes for even tougher enforcement, the DealBook newsletter reports.- Advertisement –last_img read more

Check out Brisbane’s newest property listings

first_img37 Mornington St, Red Hill. Picture: realestate.com.auFROM a Western red cedar home at Red Hill to a Queenslander at Clayfield, check out Brisbane’s newest property listings.This striking home at 37 Mornington St, Red Hill is scheduled for auction on April 29.The tri-level home has four bedrooms and three bathrooms and a contemporary-style kitchen which is connected to the dining and lounge room.More from newsMould, age, not enough to stop 17 bidders fighting for this homeless than 1 hour agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor6 hours agoInside the Red Hill home. Picture: realestate.com.auThe architect-designed home is on elevated north-facing block and has views toward Paddington and Mt Coot-tha.At New Farm, this home at 16 Hopetoun Way, also has four bedrooms. It is in the Cutters Landing development and is listed for $2.585 million. It is close to the tennis courts and New Farm Park. The home has formal and informal living spaces which flow out to a covered veranda and extend to the pool area. 16 Hopetoun Way, New Farm. Picture: realestate.com.auIn blue chip Clayfield, 87 Barlow St, is listed for sale.The renovated Queenslander has five bedrooms and multiple living spaces. 87 Barlow St, Clayfield. Picture: realestate.com.auThere is an expansive covered southern deck which overlooks the pool and gardens. The original home was built in 1920 with many original features retained.last_img read more

Police incident on the Alaska Highway

first_imgThe Fort St. John RCMP have the intersection of the 271 road and the Alaska Highway blocked off.At this time, we understand police have closed the entrance to the 271 road north from the Alaska Highway after an incident at around 10pm Friday.  Traffic is slowly getting through the area.We are awaiting more information from the RCMP.  Expect delays in the area.- Advertisement -If you have any further information, email [email protected] you to several people who sent in tips using the Energeticcity.ca iPhone app.last_img read more