Rep. Buck Pens Antitrust Report that Presents a “Third Way” to Take on Big Tech
Today, Congressman Ken Buck (R-Colo.) released a report detailing solutions to rein in Big Tech’s anticompetitive behavior with support from Representatives Doug Collins (R-Ga.) and Matt Gaetz (R-Fla.) and Andy Biggs (R-Ariz.). “The Third Way: Antitrust Enforcement in Big Tech” serves as a response to the majority staff’s report on the year-long Big Tech investigation conducted by the House Judiciary Subcommittee on Antitrust, Commercial, and Administrative Law.
“This report offers a third way forward that will ensure our antitrust regulators have the tools and resources they require to conduct proper oversight and bring effective antitrust enforcement cases,” the report reads. “It’s clear that the ball is in Congress’ court. Companies like Apple, Amazon, Google, and Facebook have acted anticompetitively. We need to rise to the occasion to offer the American people a solution that promotes free and fair competition and ensures the free market operates in a free and fair manner long into the future.”
Rep. Buck released the following statement concerning the report:
“While I do not support the recommendations presented in the subcommittee’s majority report, I fully support and am open to working with Chairman Cicilline to find a solution that reins in Big Tech and their anticompetitive behavior. Antitrust enforcement in Big Tech markets is not a partisan issue, I support the ongoing, bipartisan investigations of these companies. But an ounce of prevention is worth a pound of cure—I would rather see targeted antitrust enforcement over onerous and burdensome regulation that kills industry innovation. I want to thank Reps. Collins, Gaetz, and Biggs for joining me in this effort, it is so important that conservatives stand for antitrust enforcement in the Big Tech marketplace. Their thoughtful and bold decision will help hold Big Tech accountable.”
Rep. Collins said:
“For too long, Big Tech has abused its dominance to engage in anticompetitive behavior and censor conservative voices, and it’s time Congress take back its Article I authority to ensure the marketplace of ideas is working for every American. By implementing these recommendations, we can ensure our antitrust laws already on the books are fostering free and fair competition in the digital marketplace and work best for both consumers and innovators. I’m proud to have been one of the four members who launched the Committee’s investigation into Big Tech, and I want to thank Rep. Ken Buck for his hard work and thoughtful solutions to protecting competition in the digital market. I look forward to working with my colleagues on both sides of the aisle to hold Big Tech accountable and ensure our antitrust laws are working to keep the market competitive.”
Rep. Gaetz said:
"Today’s subcommittee report shows, with clear, convincing, and exhaustive evidence, that the Obama administration’s weak enforcement of antitrust laws allowed big tech companies like Google and Facebook to achieve near-monopoly status. These predatory companies have used their vast size to unfairly harm competition and consumers. This has had many negative effects, including the widespread censorship of conservative voices, which is only possible due to the sheer size and scale of these companies. While I do not agree with all of the legislative remedies proposed in the majority’s report, Rep. Ken Buck’s “Third Way” shows that there is a great deal of common ground that can be found. I look forward to working with my colleagues on both sides of the aisle to address these important antitrust issues, which affect all Americans, regardless of political orientation.”
Rep. Biggs said:
“The Judiciary Committee must continue to work in a bipartisan fashion to put an end to big tech tyranny. I applaud Representative Buck for his leadership in producing this report, and I look forward to continue working with my Republican and Democrat colleagues on the Committee to protect ALL voices against the tech overlords of Silicon Valley.”
A copy of the report is linked here.