By John Eggerton, Multichannel News, 10-1-20
The House Antitrust Subcommittee took on Big Tech Thursday (Oct. 1) in a hearing on potentially toughening antitrust laws to make sure they protect online competition. The subcommittee has been investigating the state of competition in digital markets since June 2019.
Thursday’s was the seventh and final hearing as they wrap up their investigation.
And while there were differences over how it should be done – break up or not, for example – there was agreement that something had to be done about Big Tech and the antitrust laws, some arguing that what was needed was better enforcement rather than government “intrusion” – primarily Republicans – others that the antitrust laws needed to be revised or potential new regs implemented – primarily Democrats. » Read More