Tomorrow, the CEOs of Amazon, Apple, Facebook, and Google will appear at a high-profile antitrust hearing where they are likely to face questions about whether our nation’s antitrust laws apply to their innovative high-tech businesses. And soon the House Subcommittee on Antitrust is expected to produce a seminal report that will delve deeper into these issues.
These developments — most notably the report — are fueling legislative proposals that would radically remake a century’s worth of bipartisan policy that has protected competition and championed innovation to the benefit of consumers and America’s global competitiveness. The impacts of this shift will be felt far beyond the tech sector.
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