Congress Opens Bipartisan Probe of Competition in Tech Industry
- Democrat leading effort promises ‘very serious’ investigation
- Ranking Republican says Congress could ‘take action’ on issue
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The House Judiciary Committee is joining the rush to investigate big technology companies, with a focus on whether increased concentration in the industry is crowding out competition and hurting consumers.
Congress’s investigation will address three issues, according to a committee statement released Monday. The hearings, led by the Antitrust Subcommittee, will focus on competition in digital markets, anti-competitive conduct of “dominant firms,” and whether current laws and enforcement policies are adequate.