Senate Introduces Bill To Change Antitrust Rules For Select Companies

BY Heather Greenfield
October 19, 2021

Washington — Senate Judiciary Chairwoman Amy Klobuchar has introduced major legislation that would change the rules governing antitrust regulation for the first time in more than 50 years.  The Senate proposal, like the House companion, would make sectoral changes to enforcement in the technology industry and targets specific U.S. technology companies. 

The Computer & Communications Industry Association previously sent a letter to House Judiciary leaders expressing concern about advancing similar legislation without hearings.

CCIA has advocated for policies promoting competition in the tech industry since 1972. The following can be attributed to CCIA Vice President Arthur Sidney:

“The Senate proposal, like its House companion, requires nondiscrimination between products, services, or lines of businesses offered by only a handful of online services that would have the unintended consequences of disrupting Americans’ use of integrated tech services they like, and weakening U.S. competitiveness.

“It is concerning that the country with the strongest tech industry and producers of some of the most popular digital products appears to be gravitating towards government-mandated industrial policies used in other countries with less robust innovation. The type of government industrial intervention proposed is what we’d expect to see from China, Russia, and other countries.  These policies would actually hold back U.S. companies as they compete with China and other countries. 

“These proposals need to be thoroughly examined so Congress can understand the innovation, competition and national security implications.”

Related Articles

Ad Tech Bill Would Alter Law, Digital Advertising Business For Some Companies, Setting Dangerous Precedent For Antitrust Regulation

May 19, 2022

Washington – A newly introduced bill in the Senate would bar companies that process $20 billion in digital ad transactions from participating in the digital ad ecosystem. The bill introduced by Sen. Mike Lee, R-Utah, is among the more aggressive and narrowly tailored among various bills aimed at the tech industry. The bill gerrymanders regulations…

CCIA Provides Remarks in Support of Maintaining Flexible, Adaptable Merger Guidelines at FTC-DOJ Listening Forum

May 18, 2022

Washington – As part of a broader series on the impact of mergers and acquisitions, the Federal Trade Commision (FTC) and the Antitrust Division of the Department of Justice (DOJ) last week hosted a public listening forum on merger control with a focus on the technology industry. After submitting comments to the FTC and DOJ’s…

CCIA Offers Comments in Response to the FTC and DOJ’s Request for Information on Merger Enforcement

Apr 20, 2022

Washington – The Computer & Communications Industry Association told the Federal Trade Commission and Department of Justice that the current merger guidelines provide clear practical guidance on when a transaction is likely to raise competition concerns, and that creating sector specific rules would lead to more confusion for companies and courts. The comments filed today…