According to a report from the Wall Street Journal, democratic lawmakers are expected to call on Congress to curtail big technology companies, possibly through forced separation of online platforms, as a House panel concludes its probe into Big Tech companies.
The House Antitrust Subcommittee is nearing completion of a report wrapping up its 15-month investigation of Alphabet’s Google, Apple, Amazon, and Facebook. The report follows the committee’s collection of more than one million documents from the companies and competitors, as well as a July hearing with CEOs of the four tech giants.
Rep. David Cicilline (Democrat – Rhode Island), who chairs the subcommittee, has indicated the panel is poised to recommend significant measures targeting Big Tech’s power, including requiring owners of huge technology platforms to separate those platforms from other businesses.
Mr. Cicilline hasn’t released details, but such a law could potentially ban Amazon from competing with sellers on Amazon.com, or Google from offering services that consumers look for on its search engine.
“You can’t set all the rules, control the marketplace and also sell on it, in the way that Amazon does, for example,” Mr. Cicilline said in a recent podcast for the Brookings Institution think tank.
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Judge Mehta Questions Both Sides in Landmark Google Antitrust Case
May 2, 2024 by
CPI
FCC Urges Urgent Funding for Removal of Chinese Telecom Equipment from U.S. Networks
May 2, 2024 by
CPI
Former Pioneer CEO Facing Potential Criminal Charges For Colluding With OPEC
May 2, 2024 by
CPI
South Korea’s Antitrust Regulator Greenlights K-Pop Powerhouse Deal
May 2, 2024 by
CPI
Exxon’s Pioneer Purchase Approved, Former CEO Barred from Board
May 2, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI