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The Senate Judiciary Committee made an odd move out of the gate this year, passing an enormously consequential antitrust bill aimed at a handful of the biggest U.S. tech companies in spite of bipartisan agreement that the bill isn’t ready for primetime. Not only will this bill fail to help consumers by “reining in Big Tech,” but it could also hurt them by detracting from U.S. global competitiveness. Concerns that the legislation, the American Innovation and Choice Online Act (AICOA), S. 2992, might threaten U.S. global tech leadership came from as ideologically diverse a crop of lawmakers as Senators Coons...

Does anyone truly believe that our government -- which consistently creates monopoly privileges for companies with its own cronyism -- can be trusted to ensure that private markets remain competitive? Apparently so. Consider the resurgence of antitrust efforts against "Big Tech." If history is our guide, going after disfavored companies will result in less competition, not more, along with fewer choices and higher prices for you and me. Take the American Innovation and Choice Online Act recently approved by a Senate panel. This bill would block a handful of tech companies like Amazon and Apple from favoring their own products...

If anything seems to unify the U.S. and European Union, it is the misguided belief that weaponizing antitrust legislation to target big tech will improve consumer outcomes. Nowhere is this dangerous policy goal better showcased than at the Future Tech Forum in London, where antitrust hawks from Washington and Brussels met to share notes on the measures their respective governments have taken to trample on consumer welfare, destroy innovation and delay progress. While the EU is further along in its desire to weaponize antitrust legislation against big tech companies, the U.S. still has time to stop, pause, and chart its...

Sometimes people forget that politics is not like math or science – at least this is something that I am often guilty of. In Math a number, theorem, or proof mean something specific and reproducible. However, in politics the meaning of things is both malleable and blurry. For instance, Sen. Grassley, a Republican from Iowa, is currently participating in policy negotiations around legislation that Sen. Bernie Sanders D-VT (Someone who is left of most Democrats) is excited about. The negotiations are over antitrust bills, and while it sounds like Grassley is only in talks surrounding one of the bills –...

Just a few months into President Biden’s presidency, we’re already getting a very grim look into the challenges everyday Americans are going to face over the next four years. Biden is explicitly cutting American jobs, funding corrupt and unaccountable international organizations, handcuffing the oil and gas industry, and undermining our country’s economic competitiveness abroad. President Trump consistently prioritized Americans over the political pressures to kowtow to other countries’ interests. President Trump values American lives and livelihoods over political agendas, and his agenda lifted millions out of poverty. Among the elected officials from Colorado, no one was a stronger supporter of...

Courts typically determine what company is a “monopoly,” and therefore deserves additional regulation, based on the standard of consumer harm. Unfortunately, two bills scheduled for a House floor vote this week would seek to change this standard in an attempt to break up big tech companies, but they would harm consumers rather than protect them. If enacted, they would lead to textbook cases of unintended negative consequences by reducing consumer choice, including making products and services more expensive and less accessible. After years of threats to break up Big Tech, Congress followed through earlier this month in the U.S. House,...

Two top House Republicans among big tech's thorniest adversaries in Washington remain starkly divided on the right approach to rein in Silicon Valley.Two top House Republicans among big tech’s thorniest adversaries in Washington remain starkly divided on how to rein in Silicon Valley’s empire. Earlier this month, a group of bipartisan lawmakers led by Rhode Island Democrat Rep. David Cicilline and Colorado Republican Ken Buck — who serve as chair and ranking member of the House Judiciary Committee’s Subcommittee on Antitrust, Commercial, and Administrative Law, respectively — unveiled a broad package of antitrust legislation to break up corporate tech monopolies....

Big Tech lobbyists are fighting “tooth and nail” against regulation Tech giants have repeatedly said they would welcome government regulation — if it’s the right regulation, of course. But faced with five antitrust bills that could unwind what the House Judiciary Committee described as Apple, Amazon, Google and Facebook’s “monopoly power,” Big Tech is bringing out the big lobbying guns. Apple CEO Tim Cook himself called Speaker Nancy Pelosi to “deliver a warning” that the “rushed” antitrust bills could disrupt the iPhone, according to The New York Times, and that’s not all: “Executives, lobbyists, and more than a dozen think...

Antitrust laws are some of the most powerful legal tools that the government possesses to intervene in private industry, which is why they’re often touted as a miracle cure for concerns about the power of “Big Tech.” But competition policy hawks like Senator Amy Klobuchar are quick to cite concerns about market concentration everywhere, including “pharmaceuticals, social media and digital technology, telecommunications, agriculture, online ticket sales, transportation, and more.” Too many of the uses lawmakers propose for antitrust, however, are in industries where a lack of antitrust enforcement isn’t the root cause of the problems they propose to solve. Not...

Rodelli, who works for the investment research firm CFRA, put the chances at 55 per cent in Epic's favour. Apple, he said, had lost credibility by pleading ignorance on key questions, while Judge Yvonne Gonzalez Rogers appeared to be more interested in present-day business facts than older legal precedents -- a plus for Epic, which has conceded its case lies on the "frontiers" of antitrust theory...Amit Daryanani, Evercore ISI -- If Epic can convince the court that Apple devices are a singular market unto themselves, it would likely carry the day. We think this is relatively unlikely...."Bornstein conducted the best...

Biden revokes Trump executive order that targeted Section 230

The incentives bureaucrats face may cause them to act in a way that is rational for themselves and their bureaucracies, but is not optimal from a social perspective.That America’s national debt now stands more than $28 trillion has done little to temper Democrats’ enthusiasm for more and bigger government programs, even as a 2020 poll by the Peter G. Peterson Foundation found that 73 percent of voters have become more concerned about the national debt.We might surmise that while most voters recognize the soaring national debt to be a problem, many are willing to accept budget deficits if the resulting...

YouTube TV has been removed from Roku's channel store, after Roku and YouTube TV parent Google failed to come to a distribution agreement amid accusations that the tech giant made anti-competitive demands. Why it matters: These spats happen regularly between Pay-TV providers and linear TV networks. But in the digital era, this is one of the rare times in which consumers will have a major streaming network removed from their platform's channel store due to a breakdown in negotiations. Details: The channel will still be available for existing YouTube TV customers, but new users that wish to download the app...

While lawmakers in the United States are engaged in a public relations battle of who can crack down harder on big tech, the European Commission is poised to pass the Digital Marketing Act that would fundamentally alter how American big tech operates on the continent.Advocates of the Digital Markets Act contend the bill will provide businesses "who depend on gatekeepers to offer their services…a fairer business environment" and prevent large tech companies from using "unfair practices" to "gain an undue advantage." Unfortunately, the Digital Markets Act is not written to advance competition, but instead it targets U.S. tech companies and...

For months, the big tech overlords have indulged in censorship to a degree unseen in American history. Mostly, they have feebly tried to justify their censorship under the guise of preventing the spread of so-called misinformation. Whatever that means.However, more and more, they are censoring content that has absolutely nothing to do with possible misinformation but everything to do with protecting their preferred political ideology.Case in point: Twitter and Facebook have taken it upon themselves to prevent the American public from its right to know that Black Lives Matter co-founder Patrisse Khan-Cullors has purchased multiple mansions over the past few...

Three GOP senators announced that they are sponsoring a bill that aims to abolish Major League Baseball’s (MLB) unique antitrust exemption. Sens. Ted Cruz (R-Texas), Josh Hawley (R-Mo.), and Mike Lee (R-Utah) are moving forward with the measure as a response to the MLB’s decision to move their All-Star Game out of Georgia in protest to the voting reform bill that was signed into law by Republican Governor Brian Kemp. The voter reforms require photo ID for absentee voting, mandatory dropbox security, and expands early voting dates, among other measures. “If they’re gonna play partisan enforcer, they shouldn’t expect to...

Several Republican senators joined calls to end Major League Baseball’s (MLB) antitrust exemption after it pulled the 2021 All-Star Game out of Atlanta, Georgia, saying that it was because of the recent voter integrity bill that has been lambasted by other major corporations and Democratic officials.

Donald Trump has expanded the list of companies he is calling on his supporters to boycott over their opposition to a new Georgia law placing tougher restrictions on absentee voting. 'For years the Radical Left Democrats have played dirty by boycotting products when anything from that company is done or stated in any way that offends them,' Trump said in a statement on Saturday. 'We can play the game better than them.' It came after Trump called for boycotts of MLB, Coca-Cola and Delta over the companies' stances against Georgia's new voting law, which President Joe Biden has called 'Jim...

By moving the Major League Baseball All-Star Game from Atlanta, where it was scheduled to be played this summer, MLB Commissioner Rob Manfred has, in the opinion of many Republicans, declared the league an arm of the Democratic Party and baseball itself to be a blue sport, with values opposed to the Constitution and representative government.

Hank Aaron is one of baseball’s all-time greats, and its real homerun king. When he passed away in January, it was only natural that Major League Baseball would honor the Braves great throughout the year, and especially at the All-Star Game. It was the perfect setting – the game was set for Atlanta, where Aaron hit many of his record 755 homeruns, including his record-breaking 715th. That honor won’t happen now, as a string of lies has the cowardly MLB moving the game elsewhere thanks to Stacey Abrams, Joe Biden, and the woke mob media that couldn’t do more to...