‘Tech Witch Hunt’: Here’s How 20 Or More States Plan To Take On Big Tech
‘Tech Witch Hunt’: Here’s How 20 Or More States Plan To Take On Big Tech byvia The Daily Sheeple
- More than 20 states could be making a bipartisan effort to initiate an antitrust investigation into big tech companies.
- The investigation would focus on companies such as Apple, Google and Facebook to determine whether they pose a threat to the U.S. economy if they grow into monopolies.
- NetChoice Vice President Carl Szabo called the potential probe a “tech witch hunt,” and Reputation Management Consultants Chairman Eric Schiffer called it “giant politics.”
More than 20 states could be digging into big tech with a joint antitrust investigation.
The specific number of states is unknown, however, a source familiar with the probe said up to 20 or more may partake in the effort involving state attorneys general, The Wall Street Journal reported Monday.
Bipartisan attorneys general from New York, North Carolina, Mississippi, Arkansas, South Carolina and Texas all expressed interest in an investigation into big tech as privacy issues and the threat of monopolies continue to lead the conversation.
“It’s disappointing to see state AGs pursue this tech witch hunt. There is no case for antitrust. The marketplace is robust with competition and it’s incongruous that direct competitors can all simultaneously be monopolies,” NetChoice Vice President Carl Szabo, who testified in a July 16 congressional hearing titled “Online Platforms and Market Power,” told the Daily Caller News Foundation.
“Antitrust enforcement is a tool to ensure competition, not a weapon to attack businesses you don’t like. If AGs ignore facts and convert antitrust enforcement from an objective standard to a subjective one, it will create a dangerous political weapon that should scare all businesses,” he added.
— The Wall Street Journal (@WSJ) August 20, 2019