Final Big Tech Antitrust Hearing Calls for Regulation

On October 1, the House Antitrust Subcommittee held the last of seven hearings to investigate Google, Facebook, Amazon, and Apple for possible antitrust violations. The witnesses clashed over what Congress should do, with some suggesting major overhauls of antitrust law and others saying antitrust laws do little to prevent anticompetitive practices. Committee Chairman David Cicilline (D-RI) said that each tech company served as a “gatekeeper” with significant market power, allowing for anticompetitive behavior. Rep. Cicilline will be releasing a report on the investigation as early as this week. Read more here.

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