House introduces five antitrust bills targeting Apple, Google, Facebook and Amazon

Hits: 0

Lawmakers in the House have introduced five new bills that would place significant limits on major tech companies, including Apple, Google, Facebook and Amazon.The proposed legislation is part of a broader effort to step up antitrust enforcement against tech giants.The bills would place new limits on the companies’ ability to acquire new business and change how they treat their own services compared with competitors.

“From Amazon and Facebook to Google and Apple, it is clear that these unregulated tech giants have become too big to care and too powerful to ever put people over profit,” Rep. Pramila Jayapal said in a statement. “By reasserting the power of Congress, our landmark bipartisan bills rein in anti-competitive behavior, prevent monopolistic practices, and restore fairness and competition while finally leveling the playing field and allowing innovation to thrive.”

The bills include:

Notably, the bills have bipartisan support, as limiting the power of big tech platforms has been a rare source of bipartisan agreement in Congress. Though the bills don’t name individual companies, the legislation could have a significant impact on Facebook, Google, Amazon and Apple, which have faced increasing scrutiny from Congress over their business practices and market dominance.

Share:

Author: admin

AffiliateLeakz - Affiliate Marketing Secrets Exposed