House Judiciary Committee’s Digital Markets Report is a Scathing Indictment of Big Tech’s Power

July 19, 2022 Press Release

Washington, D.C. — The American Economic Liberties Project released the following statement after the House Judiciary Committee formally published its final report on competition in the digital marketplace, releasing a series of documents to the public for the first time.

“The Committee’s report is a scathing indictment of Big Tech’s power and the monopolies’ routine abuse of consumers, entrepreneurs, workers, and business owners,” said Morgan Harper, Director of Policy and Advocacy at the American Economic Liberties Project. “The documents released today provide further evidence of Facebook, Amazon, Apple, and Google’s anti-competitive conduct and intentional lawlessness. Already, a constellation of bipartisan efforts, including several federal antitrust suits, federal and state antitrust bills, and dozens of private suits, to address Big Tech’s governing power over American commerce and democracy are advancing. The Committee’s final report should accelerate this vital work, especially in the Senate.”

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The American Economic Liberties Project works to ensure America’s system of commerce is structured to advance, rather than undermine, economic liberty, fair commerce, and a secure, inclusive democracy. Economic Liberties believes true economic liberty means entrepreneurs and businesses large and small succeed on the merits of their ideas and hard work; commerce empowers consumers, workers, farmers, and engineers instead of subjecting them to discrimination and abuse from financiers and monopolists; foreign trade arrangements support domestic security and democracy; and wealth is broadly distributed to support equitable political power.