Sen. Elizabeth Warren recently said she would use federal antitrust laws to break up America’s innovative tech companies. This is a terrible idea that threatens the internet as we know it.
Antitrust laws serve a purpose – they should be used to address instances of collusion, price fixing, and other anti-competitive practices that harm consumers.
These laws should not be weaponized by politicians and cronies to target companies that became successful through innovation and offering a service the American people want. Doing so would harm tech companies of all sizes, including start-ups, as well as consumers.
Government should not pick winners and losers in the tech industry, or any other industry. Sign here to tell the Senate Judiciary Committee to not politicize antitrust laws.