WASHINGTON: The top U.S. antitrust regulators admitted on Tuesday they had wasted time arguing over who would investigate which tech company as they take on major probes of firms like Alphabet's Google for using their market power unfairly.
Reuters and others reported in June that the agencies had divided up the companies, with Justice taking Google and Apple , while the FTC looked at Facebook and Amazon . "Based on news reports, it sounds like your agencies may be pursuing monopolization investigations of the same companies," said Lee."I don't think your agencies should be divvying up parts of a monopolization investigation of the same tech company."Lee asked both men if the process of deciding which agency would investigate which company - formally called the clearance process - had broken down."I take that as a yes, things have broken down," said Lee.
"There's nothing wrong with these companies individually announcing higher emission standards if they want to," said Delrahim.
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