The Senate Commerce Committee plans to vote on the three FTC nominees in October (see 2309200070), Chair Maria Cantwell, D-Wash., told us Thursday. Members expect to move them as a bipartisan package, ranking member Ted Cruz, R-Texas, told us separately.
Karl Herchenroeder
Karl Herchenroeder, Associate Editor, is a technology policy journalist for publications including Communications Daily. Born in Rockville, Maryland, he joined the Warren Communications News staff in 2018. He began his journalism career in 2012 at the Aspen Times in Aspen, Colorado, where he covered city government. After that, he covered the nuclear industry for ExchangeMonitor in Washington. You can follow Herchenroeder on Twitter: @karlherk
The FTC was right to redact an opinion from a former Republican commissioner over Chair Lina Khan’s decision not to recuse herself in an in-house challenge of Meta’s buy of Within Unlimited (see 2304180077), Commissioner Rebecca Kelly Slaughter said Wednesday.
FTC and DOJ leadership are approaching their antitrust merger guideline review (see 2309180059) with an “open mind,” FTC Economics Bureau Director Aviv Nevo said Tuesday, acknowledging some are “unhappy” with the process. Consumer advocates and industry representatives offered stark opinions about the draft document.
The FTC and DOJ need to update their merger guidelines to avoid future anticompetitive effects like those from T-Mobile/Sprint (see 2002110026) and to prevent further consolidation in already concentrated markets, antitrust advocates told the agencies in comments closed Monday (see 2309050088). Biden administration opponents accused the agencies of trying to rewrite antitrust law through an ideologically driven guideline revision.
Senate Majority Leader Chuck Schumer, D-N.Y., and Sen. Mike Rounds, R-S.D., said Thursday that they have the ears of Republican leadership on AI efforts, despite Sens. Lindsey Graham, R-S.C., and Marco Rubio, R-Fla., becoming the latest to criticize Schumer’s Wednesday forum on AI regulation (see 2309130061).
The government needs to regulate AI to ensure companies are operating safely and in the “interest of the general public,” Tech billionaire Elon Musk told reporters Wednesday.
Sen. Richard Blumenthal, D-Conn., agreed with Microsoft President Brad Smith Tuesday on the need for a federal agency to license high-risk AI systems.
The Senate Intelligence Committee plans a hearing on AI policies, potentially to address election security issues, Chairman Mark Warner, D-Va., told us Wednesday. Election security and public markets are areas that require “immediate urgency,” Warner said. “There’s a group of us thinking about some of those items.” Ranking member Marco Rubio, R-Fla., told us he wants to examine what the technology means for national security, defense and cybersecurity.
Microsoft announced its support Wednesday for privacy legislation being considered in Pennsylvania. TechNet told a House Commerce Committee hearing that legislators should tweak the bill to mirror a privacy law passed in Connecticut (see 2205110049).
Antitrust agencies aren’t obligated to provide extensive guidelines to merging parties about what deals might violate the law, DOJ’s Antitrust Division Chief Economist Susan Athey said Tuesday. Athey agreed with comments from panelists who argued it’s not the job of DOJ or the FTC to help companies avoid antitrust laws. She moderated a panel during the first of three co-agency workshops on the draft merger guidelines (see 2309010067).