Economic Study Finds Congressional Antitrust Bills to Cost Consumers, Business Users $319 Billion

Washington — A comprehensive economic study by National Economic Research Associates (NERA) finds that proposed antitrust legislation in Congress could cost the economy $319 billion. The result would be increased costs and loss of services for consumers, small businesses and other users of the bills’ target companies — Google, Facebook, Apple, Microsoft and Amazon.  The…

CCIA Response To Senate Judiciary Committee’s Announced Markup of Bill Aimed At Handful of Companies

Washington —  The Senate Judiciary Committee has noticed a markup of S. 2992, the American Innovation and Choice Online Act, aimed at regulating a specific group of American digital service providers. The proposed regulation represents a shift from the market-oriented principles that have characterized U.S. economic policy. It would have a severe impact on U.S.…

CCIA Encourages Trilogue Negotiations to Focus on Making the Digital Markets Act Workable

Brussels, BELGIUM — Today the European Parliament adopted its negotiating position on the Digital Markets Act (DMA), largely adopting the amendments approved by the committee on Internal Market and Consumer Protection, which is leading in the proposal. With the Council of Ministers of the European Union having recently agreed on their ‘general approach’, this milestone…

CCIA Statement on US, EU Officials Launching Competition Policy Dialogue

Washington — A day after U.S. and EU competition officials met to launch the EU-U.S. Joint Technology Competition Policy Dialogue, U.S. Commerce Secretary Gina Raimondo criticized two new European initiatives that Raimondo said unfairly target U.S. companies. Raimondo told those gathered for a U.S. Chamber of Commerce event the U.S. had “serious concerns” that Europe’s…

CCIA Welcomes the Council’s General Approach on the Digital Services Act, Cautions More Work Needed on the Digital Markets Act

Brussels, BELGIUM — The Computer & Communications Industry Association welcomes the general approach reached today by the EU Ministers on the digital services act (DSA), but cautions that more work is needed on the general approach agreed on the Digital Markets Act (DMA). Trilogue negotiations will start shortly thereafter for both the DMA and the…

CCIA Cautions Risk of Unintended Consequences from European Parliament Amendments to the Digital Markets Act

Brussels, BELGIUM — Today the European Parliament’s Committee on the Internal Market and Consumer Protection voted on its amendments to the Digital Markets Act (DMA) proposal. The Computer & Communications Industry Association (CCIA Europe) appreciates MEPs’ hard work. However, we caution that some of the amendments go far beyond the existing evidence base for intervention,…

Tech Industry Groups Urge Improving Adjustment Mechanisms to Ensure an Effective and Proportionate Digital Markets Act

Brussels, BELGIUM — The Computer & Communications Industry Association (CCIA Europe) and several other leading technology trade associations representing startups, SMEs, app developers, platform operators and other technology industry players today sent a joint letter to Members of the European Council on the Digital Markets Act (DMA). The letter urges lawmakers to strengthen and improve…

New Study Finds House, Senate Bills Would Have Blocked A Fifth Of Acquisitions

Washington — An economic analysis of the merger and acquisition restrictions in House and Senate legislation finds the provisions would have blocked a significant source of spending on tech startups and resulted in more of them failing. The study, “Irreplaceable Acquisitions: Proposed Platform Regulation and Venture Capital,”  looks at sources of spending on acquisitions of…

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…