Tim Wu: “Supermajority” Of American Citizens Back Big Tech Crackdown

Tim Wu, special assistant to the president for technology and competition policy, believes President Joe Biden has made promoting competition and fighting monopolies a major priority in his first year in office.

“We feel strongly that we are playing our role in a democracy in responding to the will of the people, in fact, responding to what really is a supermajority of American citizens,” Wu said in a speech to the American Bar Association’s Antitrust Law Section Fall Forum, citing polling that shows 67% of Americans think the federal government should do more about the power of monopolies.
“There is a demand that something be done about what is felt as an imbalance of power between citizens and corporations, and that we build an economy , as the president likes to say, that does as much for Scranton, Pennsylvania as it does for Park Avenue in New York,” he added.

According to MarketWatch, Wu lauded the formation of the White House’s Competition Council, which launched in September and brings together eight cabinet secretaries and the heads of eight independent agencies, including the Federal Trade Commission and the Federal Communications Commission, to coordinate competition policy across the federal government.

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