CCIA Statement Ahead of the House Judiciary Hearing Examining Global Antitrust Regulations’ Disproportionate Impact on U.S. Businesses

Washington – The House Judiciary Committee, Subcommittee on the Administrative State, Regulatory Reform, and Antitrust is holding a hearing on Tuesday, “Anti-American Antitrust: How Foreign Governments Target U.S. Businesses.” The Computer & Communications Industry Association has advocated for innovation and a competitive tech industry since 1972. Our written statement was offered ahead of the hearing, sharing our concerns. Specifically, the statement calculates how much foreign antitrust regulations cost U.S. companies, details the discriminatory impact of global regulations, and summarizes which countries are implementing these measures.