Statements
2021

Landmark Senate Bill Shows Unprecedented Bipartisan Momentum to #ReinInBigTech

For Immediate Release
October 14, 2021
Contact: press@accountabletech.org

 

Accountable Tech co-founder Jesse Lehrich released the following statement Thursday in response to news that four Democratic and four Republican Senators – including the Judiciary Chair, Ranking Member, and Antitrust Subcommittee Chair – have cosponsored companion legislation to the House Judiciary-passed American Innovation and Choice Online Act:

“Big Tech corporations have been abusing their monopoly power for years, blatantly self-dealing and rigging marketplaces under the presumption that Congress would fail to stop them. Amid historic polarization in Washington, this bipartisan show of force sends an unmistakable message that the era of impunity is over.

This bill takes direct aim at some of the most exploitative tactics Silicon Valley giants have long employed to unfairly entrench their dominance at the expense of consumers and competition. And it demonstrates unequivocally that lawmakers are ready to work across the aisle to take significant action to rein in Big Tech.

We thank Senators Klobuchar and Grassley for their bipartisan leadership, and look forward to Congress moving forward on the full suite of aggressive antitrust reforms needed to unwind decades of corporate consolidation that – along with other Big Tech abuses that must separately be addressed – has undermined American democracy.”

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Big Tech companies are some of the most powerful and profitable companies in history, presenting new threats to the safety of communities and the health of democracy. We’re taking them on through legislation, regulation and direct advocacy.