deepclips.com® We dig deep so you don't have to!™

  • Bad news for Silicon Valley: William Barr is taking control of antitrust probes

    Bad news for Silicon Valley: William Barr is taking control of antitrust probes

    Attorney General William Barr has spent months taking greater control of the Justice Department's antitrust probes into the big tech companies, a development that could increase the peril for major players like Google and Facebook.

    H/T: POLITICO

    During his Senate confirmaion hearings, Barr made his intentions regarding Silicon Valley clear: “I think a lot of people wonder how such huge behemoths that now exist in Silicon Valley have taken shape under the nose of the antitrust enforcers."

    It shouldn't surprise anyone, either. This is Barr's area of expertise:

    Barr, who previously served as President George H.W. Bush’s attorney general before going to work in the telecom industry, developed antitrust expertise on both sides of the Atlantic as a top lawyer for GTE and then Verizon. He helped shepherd a number of landmark telecom mergers: the Bell Atlantic-GTE deal that formed Verizon in 2000; Verizon’s merger with MCI in 2006; and Verizon’s $28 billion purchase of Alltel in 2008.

    Back in December, Attorney General William Barr discussed the Justice Department’s investigation into big technology firms over anti-trust concerns in an interview that aired on FOX Business. Watch below.

Search

Latest Clips

More GroupThink

© 2019 DeepClips.com ALL RIGHTS RESERVED — Contact