On Monday, RILA sent a letter to the US FTC, expressing concern about the market dominance of Google and Amazon. The FTC is one of the two major agencies in the United States responsible for antitrust regulation, and the other is the US Department of Justice.
Regulators should adopt broader antitrust standards, not just assess whether consumers benefit from it, RILA said in the letter. Last month, Maqan Delachim (Makan Delrahim), head of antitrust at the Justice Department, made a similar point.
RILA's move comes at a time when the FTC and the Justice Department are preparing to step up regulation of large technology companies, including Facebook, Google's parent company Alphabet, Amazon andappleWait. In recent years, these companies have faced censorship from regulators around the world and even fined them.
RILA also stressed in the letter that the letter is not intended to "complain" the competition of technology companies, but hopes that this competition can be carried out in a level playing field.
The RILA finally stated: “Be prepared to work with the FTC to help complete the review of all comments and testimonies and is willing to provide any other assistance that the FTC deems appropriate and useful.”