Sumary of House lawmakers release bipartisan antitrust bills aimed at tech giants like Amazon and Google:
- Members of the House of Representatives introduced five bipartisan anti-Big Tech bills Friday intended to rein in monopolistic behavior by tech giants like Amazon and Google, including measures to split up parts of their businesses and make user data more portable..
- Each of the bills is co-sponsored by more than one Democrat and Republican, and more members from both sides of the aisle are expected to support the package in the coming weeks, a spokesman for the subcommittee said..
- In an interview with the Washington Examiner in March, Cicilline said that two areas of disagreement between the parties are bills that would allow the federal government to break up Big Tech companies altogether and anything related to content moderation..
- Chamber of Commerce, the country’s biggest business association, and the Chamber of Progress, a new center-left tech industry group, are both strongly opposed to the approach the antitrust bills take..
- Many of the bills are targeted at Big Tech companies with a market capitalization of over $600 billion and at least 50 million monthly users or 100,000 business customers, such as tech giants like Amazon, Facebook, and Google..
- “Bills that target specific companies, instead of focusing on business practices, are simply bad policy and are fundamentally unfair and could be ruled unconstitutional,”…