Biden’s Indo-Pacific Trade Agreement Could Further Strengthen Big Tech Monopolies, Lawmakers Warn

A coalition of congressional Republicans are speaking out against President Joe Biden’s proposal for a trade agreement they say could further strengthen Big Tech monopolies.
In a letter (pdf) to relevant U.S. officials, Sen. J.D. Vance (R-Ohio) and Rep. Ken Buck (R-Colo.), joined by Sen. Josh Hawley (R-Mo.) along with Reps. Matt Gaetz (R-Fla.) and Paul Gosar (R-Ariz.), condemned Biden’s Indo-Pacific Economic Framework (IPEF) as overstepping the president’s authority.
Democrats have also spoken out on the issue, with Sen. Elizabeth Warren (D-Mass.) and others warning in a separate letter (pdf) that if Big Tech got their way on the agreement, it could tie the hands of U.S. regulators, limiting their ability to enforce antitrust law….

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