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.
The hearing was a tough one for Delrahim and Joe Simons, chair of the Federal Trade Commission, who were criticized by lawmakers at a hearing of the Senate Judiciary Committee’s antitrust panel for overlapping on the probes, and for other matters. “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.”
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