Breaking Up or Better Regulating Big Tech? - News Summed Up

Breaking Up or Better Regulating Big Tech?


In “The Misguided Antitrust Attack on Big Tech” (op-ed, Sept. 15), Phil Gramm and Jerry Ellig critique the continuing congressional antitrust investigations into big tech, calling them a “misguided” attempt to “destroy America’s premier companies.” They argue conservatives want to break up big tech to rein in censorship on social media and that progressives believe everything big is inherently bad, big tech included. This simplistic and flawed analysis fails to consider the bipartisan instigator for these investigations, that big tech companies are using their market dominance to strangle competition at the expense of the American consumer. Monopolies and unfair practices, whether in international trade or domestic markets, threaten our long-term economic health. That is why the House Judiciary Committee’s Antitrust Subcommittee has spent the last year examining potentially anticompetitive practices across America’s growing technology sector. Big isn’t inherently bad and we should celebrate American success stories.


Source: Wall Street Journal September 20, 2020 17:25 UTC



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