Economic Study Estimates Cost of Online Platform and Marketplace Regulation at $300 Billion

Washington — A study by economists at NERA Economic Consulting estimates that U.S. House and Senate legislative proposals subjecting online platforms and marketplaces to common carrier, structural separation, and line of business restrictions would cost the economy approximately $300 billion. The study also finds that the proposals would impact at least 13 additional American companies…

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Senate Introduces Bill To Change Antitrust Rules For Select Companies

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…

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CCIA Statement Ahead Of Reported Senate Antitrust Legislation

Washington — According to various news reports, members of the Senate are poised to introduce legislation that would dramatically change antitrust rules for just a few U.S. companies. The House Judiciary Committee had previously passed legislation that would limit mergers and acquisitions for several companies and also require them to share data with competitors and…

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CCIA Statement As G20 Finance Ministers Endorse Agreement on Global Tax Reform

Washington — G20 Finance Ministers met in Washington DC today and endorsed the new global tax agreement reached by negotiators at the Organization for Economic Cooperation and Development meeting last week. G20 ministers had tasked the OECD to undertake this broader tax reform initiative initially and today’s endorsement is therefore an important milestone. More than…

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CCIA Welcomes Historic Global Tax Reform Agreement

Brussels, BELGIUM – At a Organization for Economic Cooperation and Development (OECD) meeting Friday more than 130 countries reached consensus on an historic global tax reform agreement for the 21st Century. The agreement, which comes after years of negotiations, includes a minimum corporate tax rate with the largest corporations additionally paying taxes in all jurisdictions…

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CCIA Statement Ahead Of Expected Agreement On Historic Global Tax Reform Friday

Brussels, BELGIUM – Negotiators from over 130 countries are expected to work out the blueprint on global tax reform through the Organization for Economic Cooperation and Development (OECD) Friday. The breakthrough comes after years of work to update the international tax system to the 21st Century.  The agreement includes a minimum corporate tax rate with…

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CCIA, NetChoice Request Preliminary Injunction Against Unconstitutional Texas Social Media Law

Washington — The Computer & Communications Industry Association and NetChoice have co-filed a motion for a preliminary injunction against Texas’s new law allowing people to sue social media companies for performing content moderation on anything from anti-American propaganda to fraud on their sites. The injunction is expected to keep the law from taking effect December 2nd while…

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CCIA Encouraged By First Meeting of EU-U.S. Trade & Technology Council

Washington —  E.U. and US diplomats met Wednesday for the first Trade & Technology Council meeting in Pittsburgh. The meeting sought to rebuild the transatlantic partnership and to address global trade challenges. The two sides released a joint statement announcing principles and cooperation areas on issues including investment screening, export controls, and AI. The statement…

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