Big Tech Antitrust Enforcement in Spotlight at Senate Hearing (2)

March 5, 2019, 10:46 AM UTCUpdated: March 5, 2019, 10:20 PM UTC

The Senate’s top Republican on antitrust issues March 5 cautioned against using competition law to address growing concerns about big-tech companies.

Sen. Mike Lee (R-Utah), who chairs the Senate Judiciary Committee’s antitrust subcommittee, called for “humility” on the issue as lawmakers, including some in his party, continue to question whether tech giants such as Alphabet Inc.’s Google and Facebook Inc. wield too much power.

Lee doesn’t share “the enthusiasm for using antitrust to address these problems,” he said at a hearing convened by the panel to explore whether lax antitrust enforcement has bred more monopolistic companies in the U.S., particularly ...

Learn more about Bloomberg Law or Log In to keep reading:

Learn About Bloomberg Law

AI-powered legal analytics, workflow tools and premium legal & business news.

Already a subscriber?

Log in to keep reading or access research tools.