, 8 tweets, 3 min read Read on Twitter
Statement of Assistant A.G. Makan Delrahim Before the U.S. Senate Subcommittee on Antitrust, Competition Policy and Consumer Rights

@drawandstrike @catesduane @rising_serpent @almostjingo @tracybeanz @CarrollQuigley1

#JustTheRealNews #CoffeeOrTruth
justtherealnews.com/2019/09/17/sta…
As announced in July, the Department of Justice has opened a broad inquiry into competition involving digital platforms.  We are reviewing whether and how market-leading online platforms have achieved market power and whether they have been engaging in practices...
that have reduced competition, stifled innovation, or otherwise harmed consumers.  We are considering the widespread concerns that consumers, businesses, and entrepreneurs have expressed about search, social media, and some retail services online.
We are making this review a priority of the Division, and we are proceeding in an objective and fair-minded manner and will wait to see where the evidence leads before reaching a decision on next steps.
Depending on the nature of any antitrust concerns that the evidence may present, we could look to both law enforcement and policy options as solutions. We have been meeting with consumers, competitors and other participants in the digital markets to learn from their perspectives,
and we welcome further input from not only those market stakeholders, but also from members of Congress, particularly this Subcommittee.  While I cannot comment on the existence or progress of any specific investigations,
I can assure the Subcommittee that the Division is working hard and expeditiously on this important issue to reach the right outcome under the law.  Based on our expertise and our especially talented attorneys and economists,
including our investigations of various matters in the digital economy and the evolving media and communications landscape over the past two decades, the Antitrust Division is well positioned to conduct this review.
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