Big Tech Data Dominance Threatens Competition, FTC Democrat Says – Bloomberg Law

U.S. technology giants pose a threat to competition and innovation around the world through collection and control over massive amounts of consumer data, Federal Trade Commissioner Rohit Chopra will tell Congress Friday.

Dominant tech companies have gained enormous competitive advantages from data, which deserves special attention from antitrust officials and lawmakers, Chopra, a Democrat on the Republican-led commission, will tell the House Judiciary’s antitrust subcommittee.

“There is a growing consensus that today’s tech titans operating data-intensive platforms pose a threat to innovation and to new business formation,” Chopra said in his prepared testimony. “Without meaningful competition, we will miss out…

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