Chabot Named Ranking Member of Antitrust Task Force
Congressman Steve Chabot (R-OH) has been named the Ranking Member of the newly created House Antitrust Task Force. The task force, to be formally ratified later today by the House Judiciary Committee, will conduct oversight into a broad range of antitrust issues.
"Oversight in this area is very important," said Chabot, who will serve as the top Republican on the task force. "It is critical for the federal government to ensure viable competition to benefit consumers, while at the same time recognizing that excessive government intervention can dramatically hinder the marketplace."
Chabot, a senior member of the Judiciary Committee, will serve on the Antitrust Task Force along with seven other Republicans and ten Democrats. The task force is authorized to exist for the next six months, but can be extended by the Judiciary Committee.
The Antitrust Task Force will conduct its first hearing on "Competition and the Future of Digital Music" and will specifically focus on the recent announcement by XM and Sirius satellite radio services to merge into one combined company.
Witnesses expected to testify at the hearing include: Mel Karmazin, CEO of Sirius Satellite Radio; David K. Rehr, President, National Association of Broadcasters; Mark Cooper, Consumer Federation of America; Charles Biggio, Partner, Wilson, Sonsini, Goodrich & Rosati; and Gigi Sohn, President of Public Knowledge.