Financial Times

Big Tech lobby looks to moderate Democrats to defeat antitrust regulations

Democratic members of the House of Representatives have attacked a package of measures being promoted by members of the House Antitrust Subcommittee, as opposition builds to radical proposals that some hope could lead to the break-up of Big Tech. The rift shows how difficult it will be to enact a big shake-up of US antitrust laws, even as President Joe Biden considers signing his own executive order to strengthen regulators’ powers to promote competition in their sectors.