Congress’ antitrust war on China and American consumers

ProMarket, Herbert Hovenkamp, 25 June 2021

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The latest bills currently debated in Congress regarding Big Tech—the US Innovation and Competition Act that was passed by the Senate this month and the five antitrust bills introduced in the House—are a mixed bag. In addition to welcome measures meant to increase merger enforcement, some of these bills could affirmatively harm competition, hurting both consumers and labor.

Authors

Herbert J. Hovenkamp
University of Pennsylvania

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