Antitrust

Washington, D.C. - Today, House Judiciary Committee Chairman Jerrold Nadler (D-NY) delivered the following floor statement in support of H.R. 1423, the Forced Arbitration Injustice Repeal Act (FAIR Act):

"I rise in strong support of H.R. 1423, the 'Forced Arbitration Injustice Repeal Act,' or the 'FAIR Act.'

Washington, D.C. – Today, Reps. Jerrold Nadler (D-N.Y.), Chairman of the House Judiciary Committee; Doug Collins (R-Ga.), Ranking Member of the House Judiciary Committee; David Cicilline (D-R.I.), Chairman of the Subcommittee on Antitrust, Commercial and Administrative Law; and Jim Sensenbrenner (R-Wis.), Ranking Member of the Subcommittee on Antitrust, Commercial and Administrative Law sent document requests as part of its bipartisan investigation into competition in digital markets.

Today, the House Judiciary Committee passed H.R. 1423, the Forced Arbitration Injustice Repeal Act (FAIR Act) by a vote of 22-14. The FAIR Act would end the use of forced arbitration in consumer, worker, civil rights, and antitrust disputes. This is the first time the bill has ever moved in Congress. The bill now heads to the House floor for a full vote.

House Judiciary Chairman Jerrold Nadler (D-NY) issued the following statement:

House Judiciary Chairman Jerrold Nadler (D-NY) released the following statement during the Subcommittee on Antitrust, Commercial, and Administrative Law hearing on "Online Platforms and Market Power, Part II: Effects on Entrepreneurship and Innovation":

"The open Internet has delivered enormous benefits to Americans, including a surge of economic opportunity, massive investment, and new pathways for education online. But there is growing evidence that a handful of corporations have come to capture an outsized share of online commerce and communications.

The House Judiciary Antitrust Subcommittee will hold a hearing on Tuesday, July 16^th at 2:00 p.m. to examine the impact of market power of online platforms on innovation and entrepreneurship. The Subcommittee will hear from two panels of witnesses, including representatives from Google, Amazon, Facebook, and Apple, as well as leading policy experts on competition in digital markets.

What: Antitrust Subcommittee to Hold Hearing on "Online Platforms and Market Power, Part 2: Innovation and Entrepreneurship"