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  • Axios

Conservatives Aim to Cool GOP's Newfound Antitrust Fervor

In Axios: Antitrust laws don't need updating, big isn't bad and American success should not be punished, argues a new conservative coalition pushing back on Republicans who view antitrust action as the remedy for their grievances with Big Tech.

Why it matters: A fragile bipartisan consensus that there's too much power concentrated in Silicon Valley is helping to propel federal and state antitrust investigations of major tech firms. Right-leaning groups troubled by that development are looking to rally like-minded conservatives to their side.

Driving the news: The Alliance on Antitrust officially launches today, the same day the CEOs of Apple, Amazon, Google and Facebook are set to testify in a major antitrust hearing. The new group brings together more than a dozen right-of-center groups and individuals and is spearheaded by the Committee for Justice, a Republican group that promotes conservative judicial nominees.

The coalition formed in response to calls to weaponize antitrust for broader purposes, Ashley Baker, director of public policy at the Committee for Justice, told Axios.

Context: Some Republicans in the Trump administration, Congress and state AGs' offices say antitrust action can help address concerns like their claim that tech platforms are biased