By John Eggerton, Multichannel News, 2-19-21
The House Judiciary Antitrust Subcommittee plans to hold a series of hearings on proposed bills to rein in “the rise and abuse of market power online” and adjust antitrust laws accordingly.
Both Republicans and Democrats have concerns that antitrust laws were not nimble enough to capture Web giants’ efforts to buy up start-up competitors before they became full-fledge competition and, importantly for antitrust law, before they triggered Hart Scott Rodino automatic antitrust reviews.
The first hearing, “Reviving Competition, Part 1: Proposals To Address Gatekeeper Power and Lower Barriers to Entry Online,” is scheduled for Feb. 25 at 10 a.m. » Read More