WSJ News Exclusive | House GOP Leader Criticizes Bipartisan Bills Targeting Big Tech
WASHINGTON—House Republican Leader
Kevin McCarthy
(R., Calif.) criticized a bipartisan package of bills targeting large technology companies through changes in antitrust laws, a rebuke that will hurt the legislation’s chances of gaining broad support.
Mr. McCarthy, though a spokesman, said that while action to curb the companies’ power is needed, the plan “only gives Democrats in the federal government more power to tip the scales.”
The bills would expand the power of agencies that enforce antitrust laws, including the Federal Trade Commission, giving them broad new authority to block mergers, police large online platforms’ conduct, and even force them to divest certain businesses.
President
Biden,
a Democrat, on Wednesday named a leading critic of big technology firms,
Lina Khan,
to chair the FTC, giving her authority to pursue antitrust initiatives.
Mr. McCarthy suggested he would be offering an alternative proposal to rein in large technology companies that would address Republican concerns that they censor conservative speech.
“The House Republican plan to confront big tech won’t be influenced by anything other than the commitment to free speech and free enterprise,” said
Mark Bednar,
a spokesman for Mr. McCarthy.
The bills, introduced Friday, could force tech giants including
Amazon.com Inc.,
Apple Inc.,
Alphabet Inc.’s
Google and
Facebook Inc.
to separate their large online platforms and other businesses, restrict their ability to acquire competing companies, and take other steps.
A handful of House Republicans joined Democrats in supporting the bills, but they would likely need substantial bipartisan support to clear Congress.
Write to Ryan Tracy at [email protected] and Julie Bykowicz at [email protected]
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