The U.S. House of Representatives Judiciary Committee's antitrust panel discussed ways to tighten antitrust laws on Thursday, with two Republicans on the Democrat-dominated panel indicating potential support for some changes.
WASHINGTON - The U.S. House of Representatives Judiciary Committee’s antitrust panel discussed ways to tighten antitrust laws on Thursday, with two Republicans on the Democrat-dominated panel indicating potential support for some changes.
In the hearing, Cicilline said the tech companies used strategies such as self-preferencing and predatory pricing to grow. “These once-scrappy, underdog startups have grown into the kinds of monopolies we last saw more than a century ago,” he said. Representative Ken Buck, a Republican, appeared swayed by calls for tougher antitrust law, including giving more funding to the Justice Department and Federal Trade Commission.
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