WASHINGTON—The Justice Department’s top antitrust official is shaking up internal operations, aiming to better coordinate enforcement in the financial sector and ensure that companies across the economy stick to commitments they make in legal settlements designed to protect competition. After nearly three years in the job, “my goal is to capitalize on what I have witnessed as the institution’s strengths and to fix some of the organizational weaknesses,” Mr. Delrahim said in an email interview with The Wall Street Journal. He is expected to discuss the changes in a virtual event hosted later Thursday by Stanford University. On the financial front, the Justice Department’s oversight and enforcement has been fragmented for years, with areas like banks, credit cards, insurance and securities exchanges each being handled by different sections within the antitrust division. Mr. Delrahim said he is bringing all of these areas into one cohesive group, with the goal of combining internal expertise and improving antitrust enforcement on financial issues.

Source: Wall Street Journal August 20, 2020 18:10 UTC