The House Judiciary Antitrust Subcommittee plans to hold a series of hearings on proposed bills to rein in “the rise and abuse of market power online” and adjust antitrust laws accordingly. Both Republicans and Democrats have concerns that antitrust laws were not nimble enough to capture Web giants’ efforts to buy start-up competitors before they became full-fledged competition and, importantly for antitrust law, before they triggered Hart Scott Rodino automatic antitrust reviews.
Thursday will be a busy day on Capitol Hill on the issue of the power of Big Tech and what, if anything, to do about it. The House Judiciary Antitrust Subcommittee is holding an afternoon hearing on “Proposals to Strengthen the Antitrust Laws and Restore Competition Online.”
