financetom
Business
financetom
/
Business
/
Trump picks Gail Slater to head Justice Department's antitrust division
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Trump picks Gail Slater to head Justice Department's antitrust division
Dec 4, 2024 10:55 AM

*

Slater expected to continue Big Tech crackdown

*

She worked for Federal Trade Commission, Fox Corp

*

Slater previously advised Trump's White House

By Jody Godoy

Dec 4 (Reuters) - U.S. President-elect Donald Trump on

Wednesday tapped Gail Slater, an antitrust veteran and economic

adviser for JD Vance, to lead the Department of Justice's

antitrust division and take charge of a full docket of

blockbuster monopoly cases against companies including Google

, Visa and Apple ( AAPL ).

Slater is expected to continue the department's crackdown on

Big Tech, including cases brought during Trump's first term in

the White House, Trump wrote in a post on his social media

platform.

"Big Tech has run wild for years, stifling competition in

our most innovative sector and, as we all know, using its market

power to crack down on the rights of so many Americans, as well

as those of Little Tech!" Trump said.

Slater served on the White House's National Economic Council

in 2018, where she worked on Trump's executive order on national

security concerns over Chinese telecommunications equipment.

Before joining Vance's office, Slater worked at Fox Corp

and Roku.

Vance, the U.S. vice president-elect, has said antitrust

officials should take a broader approach to antitrust

enforcement, and praised the work of Federal Trade Commission

Chair Lina Khan.

Slater grew up in Dublin, Ireland, and began her law career

in London at Freshfields Bruckhaus Deringer, which brought her

to Washington.

She spent 10 years at the FTC, first as an antitrust

attorney where she brought cases to block mergers including

Whole Foods' acquisition of organic grocer Wild Oats, and later

as an adviser to then-commissioner Julie Brill, who later became

an executive at Microsoft.

Slater also represented Big Tech companies including

Amazon.com and Google at a now-defunct trade group

called the Internet Association.

She is still viewed as an antitrust hawk among Washington

tech skeptics, who welcomed her appointment.

Garrett Ventry, a former adviser to Republicans in Congress

and founder of GRV Strategies, said Slater's nomination shows

Trump is "serious about taking on Big Tech."

"Antitrust enforcement is here to stay," Ventry said.

Slater will take over a number of high-profile cases in

which some of the world's largest companies are accused of

illegally building and protecting monopolies.

Trump said Slater will "ensure that our competition laws are

enforced, both vigorously and FAIRLY, with clear rules that

facilitate, rather than stifle, the ingenuity of our greatest

companies."

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Hutchmed Begins Registration Stage for Phase 2/3 Trial of Investigational Autoimmune Disorder Drug
Hutchmed Begins Registration Stage for Phase 2/3 Trial of Investigational Autoimmune Disorder Drug
Mar 22, 2024
05:04 AM EDT, 03/22/2024 (MT Newswires) -- Hutchmed ( HCM ) said late Thursday it has started the registration stage for a phase 2/3 clinical trial of investigational drug sovleplenib for adult patients with warm antibody autoimmune hemolytic anemia in China. The move follows positive data from the proof-of-concept phase 2 stage of the trial and a consultation with the...
Cathie Wood's ARK Invest scoops up nearly 10,000 Reddit shares in debut
Cathie Wood's ARK Invest scoops up nearly 10,000 Reddit shares in debut
Mar 22, 2024
(Reuters) - Popular investor Cathie Wood's ARK Invest bought nearly 10,000 shares of Reddit ( RDDT ) in the social media platform's strong market debut on Thursday, an email from the asset manager showed. A total of 9,982 shares of the loss-making company was added to ARK Next Generation Internet ETF ( ARKW ) and ARK Fintech Innovation ETF (...
Japan's union group Rengo announces biggest wage hikes on record
Japan's union group Rengo announces biggest wage hikes on record
Mar 22, 2024
TOKYO (Reuters) -Japanese firms have agreed to raise pay by 5.25% this year, the biggest rise under comparable data since 2013, the country's largest union group Rengo confirmed on Friday. The results of the closely-watched wage negotiations are announced in several stages, in which the blue-chip firms are first to wrap up their talks in mid-March. The second announcement on...
Once a beacon of stability, Vietnam to name third president in a year
Once a beacon of stability, Vietnam to name third president in a year
Mar 22, 2024
HANOI, March 22 (Reuters) - Communist-ruled Vietnam is seeking its third president in little more than a year after the resignation of Vo Van Thuong, who was only elected last year after the sudden dismissal of his predecessor. With accumulated foreign direct investment higher than its gross domestic product, Vietnam's stability is crucial to multinationals with large operations in the...
Copyright 2023-2025 - www.financetom.com All Rights Reserved