{"id":26759,"date":"2022-12-30T20:15:28","date_gmt":"2022-12-30T20:15:28","guid":{"rendered":"https:\/\/mailinvest.blog\/index.php\/2022\/12\/30\/white-house-antitrust-adviser-tim-wu-to-depart-next-week\/"},"modified":"2022-12-30T20:15:28","modified_gmt":"2022-12-30T20:15:28","slug":"white-house-antitrust-adviser-tim-wu-to-depart-next-week","status":"publish","type":"post","link":"https:\/\/mailinvest.blog\/index.php\/2022\/12\/30\/white-house-antitrust-adviser-tim-wu-to-depart-next-week\/","title":{"rendered":"White House antitrust adviser Tim Wu to depart next week"},"content":{"rendered":"

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White House antitrust adviser Tim Wu, who helped shape the Biden administration\u2019s competition policy, will leave his role next week.<\/span><\/p>\n

The White House announced Wu\u2019s departure today.<\/span><\/p>\n

\u201cWe had the rare opportunity in this Administration to try and steer the giant battleship of antitrust policy in a new direction,\u201d Wu (pictured) said in a statement provided by the White House. \u201cWe got more done over the last two years than I would have ever imagined, and it has been the opportunity of a lifetime to work on that project with an extraordinarily talented group of colleagues in the White House and the federal agencies.\u201d<\/span><\/p>\n

Wu\u00a0joined<\/a> the National Economic Council last March as the special assistant to the president for technology and competition policy. A prominent legal scholar, he was previously a professor at Columbia Law School. He earlier worked on competition policy in the White House and the Federal Trade Commission during the Obama administration.<\/span><\/p>\n

In 2003, Wu coined the phrase \u201cnet neutrality\u201d to describe a principle that has since become a major focus for the telecommunications industry. The principle states that internet providers should treat the data traveling through their infrastructure equally and not throttle or charge more for certain types of traffic.<\/span><\/p>\n

At the White House, Wu was a key architect of Biden\u2019s July 2021 executive order<\/a> on competition policy. The executive order launched 72 initiatives across more than a dozen federal agencies to promote market competition.\u00a0<\/span><\/p>\n

Some of the initiatives launched as part of the effort focus on the tech sector. The executive order called on regulators to scrutinize acquisitions made by tech giants more closely, as well as tackle business practices that make it more difficult for consumers to repair products they purchase. The order also launched competition initiatives focused on a variety of other areas including the healthcare, agriculture and transportation sectors.\u00a0<\/span><\/p>\n

\u201cIn the last two years, the federal government has moved to not only reverse decades of erosion in antitrust enforcement, but to reignite a great American tradition of Presidential leadership on competition policy, harkening to the era of Franklin and Teddy Roosevelt,\u201d said National Economic Council Director Brian Deese. \u201cOver the next two years, we will continue to institutionalize bipartisan, pro-competition reforms across agencies to lock in this progress for decades to come.\u201d<\/span><\/p>\n

After departing from the National Economic Council next week, Wu will return to his professorship at Columbia Law School. The White House stated today that Wu\u2019s policy portfolio will be divided among multiple administration officials.<\/span><\/p>\n

Photo:\u00a0New America<\/a>\/Flickr<\/h5>\n
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