ICYMI: Senate Minority Leader Chuck Schumer Highlights The Benefits Robust Competition Between Leading Tech Services Provides
Speaking with Recode’s Kara Swisher this morning on leading tech services, Senate Minority Leader Chuck Schumer (D-NY) argued the world is better off with them.
When asked about growing tech companies, Sen. Schumer noted, “Yes, they’re big. But big can do good things as well as bad things. And you gotta separate the wheat from the chaff.”
In regards to more regulation, Sen. Schumer said, “But again I’d be careful, I’d be careful, because they are creating cheaper, better competition. People get better goods, cheaper goods.”
Sen. Schumer, who fought Microsoft in the 1990s, also said, “I am not seeing the same thing. I go to my small tech companies and say ‘how does Google treat you,’ in New York, and a lot of them say, you know, much more fairly than we would have thought.”
See below for more highlights from the Recode interview.
Senate Minority Leader Chuck Schumer (D-NY) Does Not Foresee A Microsoft-Style Antitrust Case Against Any Of Today’s Leading Tech Services. “When Microsoft was a big monopoly – and I thought they were much more rapacious – I fought them, back in the 90s, they didn’t talk to me for ten years. [KARA SWISHER: But you’re not seeing that right now?] I am not seeing the same thing. I go to my small tech companies and say ‘how does Google treat you,’ in New York, and a lot of them say, you know, much more fairly than we would have thought.” (Sen. Chuck Schumer, Recode Decode, 3/12/18)
Regarding Leading Tech Services, Sen. Schumer Says Government Regulation Of Speech “Often Has A Bigger Downside Than Upside.” “I think you have to be careful. Government regulation of speech is a frightening thing, and often has a bigger downside than upside. So I approach the issue with care maybe more so than some of my colleagues who would have similar politics to me.” (Sen. Chuck Schumer, Recode Decode, 3/12/18)
Discussing Leading Tech Services, Sen. Schumer Worries About Government Regulation. “Yeah I’m more sympathetic because I think they’re in a very difficult position, and I worry about government regulation.” (Sen. Chuck Schumer, Recode Decode, 3/12/18)