Tim Wu is leaving the White House. He was one of the main people who helped President Biden get the biggest companies to cut their wings.

Mr. Wu’s last day at the Public Monetary Board will be Wednesday, finishing his 22-month residency as an extraordinary collaborator to the president for rivalry and tech strategy, the White House said. The New York Times was informed by Mr. Wu that he would resume his position as a professor at Columbia Law School Biden’s Antitrust.

Along with Lina Khan at the Federal Trade Commission and Jonathan Kanter at the Justice Department, Mr. Wu is one-third of a trio that is leading Washington’s efforts to more aggressively check corporate giants, such as the largest tech companies. Mr. Kanter and Ms. Khan have used unusual legal arguments to try to stop corporate consolidation.

Mr. Wu, 50, claimed that he was leaving for personal reasons. He claimed that he has been traveling to Washington from New York, requiring him to spend extended periods of time away from his young children.

Mr. Wu stated, “There comes a time when the burden on the family is too much.” I’ve noticed a shift in the balance.

Mr. Wu stated that he applied for the position with the idea that it would be a “once-in-a-generation chance” to end decades of antitrust law thinking that was more conservative. On that front, the administration has achieved some victories, such as enacting portions of the executive order for 2021, which led to the government’s efforts to open charging networks for electric vehicles and make hearing aids available for over-the-counter purchase.

He declared, “I think I’m perhaps most proud of the fact that we have re-established a presidential role in competition policy and economic structure. Biden’s Antitrust.”

However, antitrust legislation to prohibit common tech giant practices, a progressive goal, did not pass.

Mr. Wu defended the White House’s efforts to push for the antitrust measure and described the lack of tech-related legislation as “disappointing.” He continued, “We repeatedly and unconditionally voiced support for a bipartisan bill of that nature.” “We supported it along the way,” he said.

Mr. Wu stated that the aggressive actions taken over the past two years by the FTC and the Justice Department, the two primary federal antitrust regulators, pleased him. The agencies operate independently of the White House and are led by political appointees.

Biden’s Antitrust. Elizabeth Kelly, who deals with computerized resource strategy for the Public Monetary Chamber, will acquire his arrangement of innovation strategy issues, the White House said. Both areas will continue to be under the supervision of Bharat Ramamurti, the National Economic Council’s deputy director.

The National Economic Council’s director, Brian Deese, stated in a statement that the government had revived “a great American tradition of presidential leadership on competition policy, harkening to the era of Franklin and Teddy Roosevelt” over the past two years. He went on to say that the government would “continue to institutionalize bipartisan, pro-competition reforms across agencies” under his leadership.

When asked about what to anticipate in the coming years, Mr. Ramamurti mentioned the demands outlined in the executive order for 2021.

He stated, “We are working on all of these different levers that we can pull — personnel, the judiciary, you know, the agencies.” Publish by World News Spot


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