Chairman Nadler Applauds Committee Passage of Bipartisan Tech Antitrust Legislation
Washington, June 24, 2021
Washington, D.C. - Today, House Judiciary Committee Chairman Jerrold Nadler (D-NY) issued the following statement after the Committee passed a package of bipartisan legislation to enhance antitrust enforcement and restore competition online:
"I am extremely proud of the bipartisan legislation passed by the Committee, which levels the playing field for innovators and entrepreneurs, provides more opportunities for small businesses, and brings increased choice to American consumers. By reining in anti-competitive abuses, our legislation ensures there is a space for opportunity and innovation to thrive online. Our country, and our political institutions, will be stronger as a result of these important reforms. I thank all my colleagues for their engagement on these issues, and I look forward to continuing our work together to break up monopolies and enhance our antitrust laws."
The Committee favorably reported out the following bills:
H.R. 3843, the Merger Filing Fee Modernization Act of 2021
The Merger Filing Fee Modernization Act, introduced by Representative Joe Neguse (D-CO) and Victoria Spartz (R-IN), ensures that the Department of Justice and the Federal Trade Commission have the resources they need to enforce antitrust laws by increasing filing fees on the largest transactions while reducing filing fees on smaller transactions. The bill also ensures that the mergers that are most likely to consume agency time and resources pay more than those that place less of a burden on the agencies.
H.R. 3460, the State Antitrust Enforcement Venue Act of 2021
The State Antitrust Enforcement Venue Act, introduced by Antitrust Subcommittee Ranking Member Ken Buck (R-CO) and Antitrust Subcommittee Chairman David N. Cicilline (D-RI), ensures that state attorneys general who bring antitrust cases in federal court do not face delays or higher costs due to the transfer of such cases to a different venue.
H.R. 3849, the Augmenting Compatibility and Competition by Enabling Service Switching (ACCESS) Act of 2021
The ACCESS Act of 2021, introduced by Representatives Mary Gay Scanlon (D-PA) and Burgess Owens (R-UT), gives the Federal Trade Commission new authority and enforcement tools to establish pro-competitive rules for interoperability and data portability online.
H.R. 3826, the Platform Competition and Opportunity Act of 2021
The Platform Competition and Opportunity Act, introduced by Representative Hakeem Jeffries (D-NY) and Antitrust Ranking Member Ken Buck (R-CO), prohibits the largest online platforms from engaging in mergers that would eliminate competitors, or potential competitors, or that would serve to enhance or reinforce monopoly power.
H.R. 3816, the American Choice and Innovation Online Act
The American Innovation and Choice Online Act, introduced by Antitrust Subcommittee Chairman Cicilline (D-RI) and Representative Lance Gooden (R-TX), restores competition online and ensures that digital markets are fair and open by preventing dominant online platforms from using their market power to pick winners and losers, favor their own products, or otherwise distort the marketplace through abusive conduct online.
H.R. 3825, the Ending Platform Monopolies ActThe Ending Platform Monopolies Act, introduced by Representatives Pramila Jayapal (D-WA) and Lance Gooden (R-TX), authorizes the Federal Trade Commission and the Department of Justice to take action prevent dominant online platforms from leveraging their monopoly power to distort or destroy competition in markets that rely on that platform.