After more than a year of investigating, the House Judiciary Antitrust Subcommittee majority released its report examining the market dominance of the Big Tech companies — Amazon, Apple, Facebook, and Google — and how their business models affect competition.

AAF’s Director of Technology and Innovation Policy Jennifer Huddleston explains the potential consequences of this report:

The House Judiciary Antitrust Subcommittee’s majority report proposes significant changes to antitrust laws, including a “Glass-Steagall” for Big Tech and a presumptive ban on mergers and acquisitions by today’s dominant platforms. The proposed changes to antitrust law in the report would likely hurt consumers, would not impact only the tech sector, and would set a dangerous precedent for weaponizing antitrust law.

Huddleston has written a number of relevant analyses on antitrust and competition policy recently:

• Why Technology Should Not Be Regulated Like Finance
• The Real Lesson From Financial Regulations? How NOT To Regulate Technology
• Tech Policy and the 2020 Election, Part 3: Antitrust and Big Tech
• Continuing a Principled Approach to Antitrust
• Don’t Let the Techlash Alter Antitrust Principles
• What is the Future of Antitrust and Calls to Break Up Big Tech?
• Understanding the Latest “Big Tech” Antitrust Investigation News
• Video: Breaking Up Big Tech — The Consumer Welfare Standard