Promote Competition Without Punishing SuccessThe American Conservative
The “break-them-up” crowd does not grasp the negative consequences of sweeping anti-tech actions.
With declining public sentiment about the tech industry and its impact on society, we’ve witnessed a growing chorus of advocates and policymakers arguing that now is the time for the federal government to take drastic action.
This punitive sentiment has been on full display in the House Judiciary Subcommittee on Antitrust, Commercial, and Administrative Law, which has undertaken a year-long investigation of Big Tech, recently bringing together a hearing with the CEOs of Google, Apple, Facebook, and Amazon.
The effort reached its conclusion on Tuesday, with the publication of a 449-page report (as well as a shorter minority report) making recommendations for substantial legal changes that could pave the way to broad new enforcement and regulatory actions.
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