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.
