Congress looks to squeeze Big Tech ahead of election

Tech companies are bracing for a tough day in three separate Capitol Hill committees Thursday, as lawmakers move to show they're tough on social media platforms in the days leading up to the election.

Why it matters: Big Tech has become a go-to punching bag for both the right and left, and tech policy has become increasingly fertile ground for grievance politics.

The House Judiciary antitrust subcommittee will have its first follow-up hearing on the state of competition in digital markets since it heard testimony from Zuckerberg, Pichai, Apple's Tim Cook and Amazon's Jeff Bezos on antitrust and competition in July.

Reality check: It's nearly certain a Section 230 reform bill and antitrust legislation will not pass before the end of the year. But lawmakers are determined to show they are working on reining in big tech on everything from antitrust to misinformation to bias as the election and a new Congress near.

What they're saying: During the House Judiciary hearing, lawmakers will hear from academics and former government antitrust regulators, Axios scooped Tuesday. Committee chairman David Cicilline said the hearing is meant to explore possible remedies to competition problems in the digital market.

Our thought bubble: Time is on tech's side to endure these particular regulatory headwinds without much damage, but a fuller reckoning may come next year.

Mostly academics will be testifying at Thursday's House Judiciary antitrust subcommittee hearing, which will reveal where its year-long investigation into Big Tech and competition is going, a source familiar with the matter told Axios.

1820), breaking DraftKings' and Fanduel's daily records despite Pennsylvania being the only state where it was operational.

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Author: Ashley Gold

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