Fireside Chat With Hal Varian: Antitrust Bills Would Harm Tech Market, Consumers

Washington – A recent fireside chat with Google’s Chief Economist Hal Varian featured discussion on the flawed reasoning behind proposed tech regulations in antitrust bills like S. 2992, H.R. 3825, and H.R. 3826. Together with the Computer & Communications Industry Association’s Director of Research and Economics Trevor Wagener, Hal Varian countered arguments supporting the proposed…

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…

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…

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…

Tech Association Response To House Bills Aimed At Handful of Tech Companies

Washington —  Democratic House Representatives on the House Judiciary Committee have introduced a series of interventionist bills with the aim of regulating a selected group of American digital service providers. These proposed regulations represent a shift from the market-oriented principles that have characterized U.S. economic policy. They would have a severe impact on U.S. economic…

CCIA Statement On the U.S. Innovation and Competition Act Passing the Senate

Washington – The Senate has approved a bill aimed at keeping the United States’ competitive edge as a leader in technology and innovation. The U.S. Innovation and Competition Act would strengthen U.S. leadership in critical technologies, such as artificial intelligence, high performance computing, and advanced manufacturing, and the commercialization of those technologies to businesses in…

CCIA, Industry Groups File Complaint Against Maryland Digital Tax

Washington — The Computer & Communications Industry Association and a coalition of trade associations joined in filing a federal complaint against Maryland’s recent Act imposing a “Digital Advertising Gross Revenues Tax”, aimed at technology companies. The Act attempts to collect an estimated $250 million from a small number of companies in the first year, according…