The Justice Department rarely confirms, much less announces an investigation into people or companies. The unusual move didn't come out of nowhere.
, but, in Balto's view, the Justice Department's announcement was its way of responding to Lee's concerns by staking out its turf.The Wall Street Journal reported Tuesday that the Justice Department's review would not pre-empt the investigations already underway by the FTC into the companies under its purview.
"These issues are incredibly complex, time consuming, and really difficult, and to have two agencies looking at the same conduct really didn't make sense," Balto said. But having the Justice Department take point on antitrust review is actually a good thing for the tech companies, Balto said. The Department of Justice hasn't filed a major suit under the Sherman Antitrust Act since the Microsoft case two decades ago. And the agency actually has fewer legal options when it comes to policing competition than does the FTC, he said.
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