A debate has raged in antitrust circles between more laissez-faire conservatives and what’s become known as the progressive “hipster antitrust movement” that calls for a muscular overhaul of policy, especially when it comes to reining in Big Tech. As in other areas, President-elect Joe Biden will probably seek a moderate path between these competing ideologies, a source familiar with Mr. Biden’s thinking told DealBook. At the F.T.C., five commissioners — currently three Republicans and two Democrats — hash out ideological arguments in decisions and dissents. Democrats and Republicans in Congress still disagree over size and other details, and seem unlikely to compromise ahead of Georgia’s Senate elections. Passing an aid package is likely to test President-elect Joe Biden’s deal making and rapport with longtime colleagues in the Senate.

Source: New York Times November 13, 2020 12:11 UTC