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Antitrust Bills Risk National Security, Tech-Funded Study Says

  • Report from tech group backs warnings voiced at hearing
  • Ex-spy chief Coats says companies are partners to government
Bloomberg business news
Big Tech's Antitrust Troubles Keep on Mounting

Bipartisan antitrust legislation aimed at Amazon.com Inc., Apple Inc., Facebook Inc. and Alphabet Inc.’s Google could hurt U.S. competitiveness and give foreign adversaries access to sensitive information, according to a new report from a tech industry group. 

The white paper from the Computer & Communications Industry Association, which counts all four companies among its members, argues that a series of antitrust bills approved by the House Judiciary Committee in June would help foreign competitors, including Chinese and Russian companies, by placing severe restrictions solely on U.S. tech giants.