Today, NetChoice, a trade association fighting for free expression and free enterprise online, raised concerns about the House Judiciary’s Antitrust Subcommittee’s hearing in which the CEOs of prominent tech businesses testified.
“Anti-tech advocates are now willing to try anything to land a blow against America’s leading tech businesses. Unfortunately, these anti-tech attacks include warping U.S. antitrust laws and ignoring facts to pursue policy goals unrelated to competition,” said Carl Szabo Vice President and General Counsel at NetChoice.
“Even worse, these baseless attacks harm American consumers and play right into foreign adversaries’ hands that are chomping at the bit to squeeze our companies out of the market,” added Szabo. “This hearing isn’t about competition, evidence, or consumers; it’s a piece of political theater.”
“If the Committee asked who competes with these prominent tech firms, they would hear that each faces fierce competition. But that wouldn’t make headlines, so instead we heard odd arguments about how each of these companies is somehow a monopoly in the same overlapping markets.”
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Additionally, check out our recent antitrust work:
Our reports arguing against increased antitrust enforcement on Facebook and Google
- Facebook is not a monopoly and its conduct is procompetitive (also published in George Mason Law Review) – July 2020
- Google faces fierce competition in search and in digital advertising – June 2020
- Our op-ed in the Washington Examiner: Antitrust attacks on tech only protect the powerful – July 2020
- Our one-pager on antitrust:
Explaining the basic requirements for antitrust enforcement
