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WASHINGTON – Sen. Mike Lee (R-UT) today issued the following statement as Google nears a settlement of an antitrust case with France alleging that the company has abused its power in online advertising. “Like many Americans across the political spectrum, I have been concerned by the exercise of market power held by Google and other tech giants, which is why I chaired a hearing on Google’s conduct in digital advertising last fall. As we heard in the hearing, Google appears to have a commanding share of every piece of the online advertising market, and appears to be using its leading market positions in search and online video to engage in tying on the advertiser side of its business, essentially forcing the vast majority of demand onto its platform. I’m pleased to see that France has made headway in securing fair competition in online advertising, and hope that Americans soon receive the same benefits of competition as the French.”

The strategy of the Endless Frontier Act is rooted in the belief that our markets have failed us, and the only means by which we can jumpstart our economy and create innovation is by trusting in federal government bureaucrats. Instead of chilling innovation and competition, we ought to decentralize power and champion trust in the private sector.

WASHINGTON – Sens. Mike Lee (R-UT) and Amy Klobuchar (D-MN) yesterday introduced the State Antitrust Enforcement Venue Act of 2021, a bill to ensure state attorneys general are able to remain in the court they select rather than having their cases moved to a court the defendant prefers. Rep. Ken Buck (R-CO) has introduced companion legislation in the House.