By Brendan Sasso - 01/31/13 07:40 PM EST
Lee said he looks forward to remaining active on the subcommittee to ensure the antitrust laws are faithfully enforced.
"Antitrust enforcers must not pick winners and losers in the marketplace or interfere with private enterprise where robust market forces are present," Lee said. "But properly limited antitrust enforcement helps competition thrive and can forestall burdensome regulatory structures that impose great costs on our economy and society."
Antitrust regulators are particularly active in the technology industry. In 2011, the Justice Department sued to block AT&T's attempt to buy T-Mobile, and in 2012, the Justice Department required Verizon and a coalition of cable companies to agree to a set of concessions to complete their $3.9 billion deal.
After a yearlong investigation, the FTC earlier this month cleared Google of antitrust charges over favoring its own services in search results.
Also on Thursday, the Judiciary Committee announced that Sen. Al FrankenAl FrankenConsumer internet privacy: Leaving the back door unlocked Senators unveil bill to overhaul apprenticeship programs Dems pressure Obama on vow to resettle 10,000 Syrian refugees MORE (D-Minn.) will stay on as chairman of the Privacy, Technology and the Law Subcommittee, with freshman Sen. Jeff FlakeJeff FlakeOvernight Defense: Terrorism suspected in EgyptAir crash; McCain details funding plans Overnight Finance: Path clears for Puerto Rico bill | GOP senator casts doubt on IRS impeachment | Senate approves .1B for Zika Overnight Tech: Trade groups press NC on bathroom law MORE (R-Ariz.) as the top Republican.
Franken is expected to push legislation that would require companies to get a customers' consent before collecting or sharing their mobile location data.
Sen. Dick DurbinDick DurbinReid: 'Lay off' Sanders criticism Senators tout 4.5B defense spending bill that sticks to budget Lawmakers seek changes in TSA PreCheck program MORE (D-Ill.) will remain as chairman of the Constitution, Civil Rights and Human Rights Subcommittee, and freshman Sen. Ted CruzTed CruzEleven states sue Obama over transgender bathroom directive Poll: Clinton leads Trump in Wisconsin by double digits GOP senators propose sending ISIS fighters to Gitmo MORE (R-Texas) will serve as the ranking member.