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Illustration: Sarah Grillo/Axios

The House Judiciary antitrust subcommittee is staffing up as it works to finish its investigation into the competitive impact of tech giants.

Why it matters: The House probe's findings will help shape legislation that may aim to toughen antitrust law for the digital era, and they could offer fuel for similar investigations already under way by state and federal antitrust enforcers.

Driving the news: The antitrust panel has brought on two new staffers in recent months as it wades through documents from Apple, Amazon, Facebook and Google in the competition review.

  • Former IBM consultant Anna Lenhart, a Congressional Innovation Fellow, joined the staff this month as a technical expert, a person familiar with the hire told Axios. Lenhart, a Carnegie Mellon graduate, most recently focused on artificial intelligence and ethics for IBM.
  • Former Public Knowledge policy director Phillip Berenbroick joined the subcommittee as counsel in January.

What's next: Antitrust subcommittee Chairman David Cicilline has said he expects the investigation to produce a bipartisan report outlining its findings by the end of the first quarter. He also intends to introduce legislation related to the report.

  • Cicilline has said he wants to hear from major tech company CEOs, something the White House has also encouraged, according to a recent report by The Hill.

Go deeper

UNC race conscious admissions process upheld by judge

Students walk through the campus of the University of North Carolina at Chapel Hill on Aug. 18, 2020 in Chapel Hill, North Carolina. Photo: Melissa Sue Gerrits/Getty Images

The University of North Carolina at Chapel Hill can continue its race conscious admissions process, a federal judge ruled on Monday.

Why it matters: The case could end up in the Supreme Court after the conservative nonprofit Students for Fair Admissions (SFFA) vowed to appeal the judge's ruling that UNC didn't discriminate against against white and Asian American applicants in its policy that it said was designed to increase diversity.

SEC debunks conspiracy theories about meme stock mania

Photo: Alessia Pierdomenico/Bloomberg via Getty Images

The SEC issued its long-awaited report on the meme stock mania, which downplayed the narrative that a "short squeeze" was the primary driver behind GameStop's historic stock moves — and shot down conspiracy theories about the event.

Why it matters: The postmortem was highly anticipated, largely because of what it could hint about what the regulator thinks should be done in wake of the saga. But the report stopped short of specific policy recommendations.

2 hours ago - Politics & Policy

Breaking Biden's diplomatic logjam

Expand chart
Data: Center for Presidential Transition via Congress.gov; Chart: Will Chase/Axios

The logjam for reviewing and confirming President Biden's ambassadorial picks is finally starting to break.

Why it matters: Biden is far behind his predecessors in the rate at which his ambassadorial picks have been confirmed. The Senate Foreign Relations Committee will hold a series of high-profile hearings and votes this week to finally begin chipping away at the backlog.