WASHINGTON – House Antitrust Subcommittee Chairman David N. Cicilline (RI-01) issued the following statement today after the House Judiciary Committee marked up and approved a report on the findings of the Subcommittee’s 16-month long investigation into the state of competition in the digital economy:

“Amazon, Apple, Google, and Facebook each hold monopoly power over significant sectors of our economy. This monopoly moment must end. I’m grateful to my colleagues on both sides of the aisle who worked with me over the past two years to compile this Report, which makes clear that Congress and the antitrust enforcement agencies must step up to restore a competitive marketplace, enhance innovation, and protect our democracy. Now that the Judiciary Committee has formally adopted our findings, I look forward to crafting legislation that addresses the significant concerns we have raised.”