Lawmakers propose 5 Big Tech antitrust bills

An illustration picture taken in London on December 18, 2020 shows the logos of Google, Apple, Facebook, Amazon and Microsoft displayed on a mobile phone and a laptop screen. - The European Union on December 15 unveiled tough draft rules targeting tech giants like Google, Amazon and Facebook, whose power Brussels sees as a threat to competition and even democracy. (Photo by JUSTIN TALLIS / AFP) (Photo by JUSTIN TALLIS/AFP via Getty Images)

Logos of Google, Apple, Facebook, Amazon and Microsoft displayed on a mobile phone and a laptop screen. (JUSTIN TALLIS/AFP via Getty Images)

OAN Newsroom
UPDATED 5:06 PM PT – Friday, June 11, 2021

House lawmakers have introduced five antitrust bills aimed at reducing the power of Big Tech giants like Amazon and Google. On Friday, reports detailed the bills which lawmakers said have seen some bipartisan support.

“Right now, unregulated tech monopolies have too much power over our economy,” said House Judiciary Antitrust Subcommittee chairman David Cicilline.

One bill targets companies’ ability to leverage their platforms to favor their own products over competitors. While a second makes it unlawful for a platform owner to control a line of business when that control presents a conflict of interest.

Additional bills make it more difficult to eliminate competition through mergers and promotes online competition. This comes as executives from Amazon and Google are slated to testify before Senate members next week.

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Source OAN

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