WASHINGTON – Sen. Mike Lee (R-UT) issued the following statement Wednesday after yesterday’s Judiciary Subcommittee hearing on antitrust.
“Yesterday’s oversight hearing illustrated the dysfunction that comes with having two federal agencies responsible for civil antitrust enforcement.” Sen Lee said.
“We need robust investigations and enforcement of the antitrust laws, especially in the tech arena. That objective is likely to be hindered if the agencies are stumbling over each other trying to investigate the same companies for the same conduct,” Sen. Lee continued. “Such efforts will be wasteful and could very well undermine their ability to enforce the antitrust laws. I wouldn’t recommend that they get any additional resources until they demonstrate their willingness to put the interests of consumers above their bureaucratic gamesmanship.”