Biden mulls forming US role to fix anti-competitive firms: Report

The rise of Big Tech firms that allegedly suppress competition has become a policy issue for governments in Europe and China.

The incoming administration of US President-elect Joe Biden is considering creating a White House position focused on competition policy and issues relating to antitrust, two sources familiar with internal deliberations told the Reuters news agency. The idea remains under consideration and the Biden White House may not ultimately make the move, one of the sources told Reuters. “It is yet to be determined if this will be more of a coordinator kind of a role or if this person will really sit at the White House,” said another source. The role could focus on moving information back and forth between agencies and coordinating, the source added.