Big Tech just got one step closer to squashing key US antitrust bill

Big Tech just got one step closer to squashing key US antitrust bill

2 years ago
Anonymous $33nAR-2OaA

https://arstechnica.com/tech-policy/2022/08/big-tech-just-got-one-step-closer-to-squashing-key-us-antitrust-bill/

Sponsors of a key bipartisan antitrust bill have tried for months to secure a Senate vote and potentially pass “the first major bill on technology competition” to come before the Senate “since the dawn of the Internet.”

Now, The Wall Street Journal reports, that bill will remain “in limbo” as Congress has failed to schedule a vote before its recess. This could signify that Big Tech companies will prevail—through intense lobbying and criticism—and prevent the bill from passing a Senate floor vote. In just one week this summer, one industry group reportedly spent $22 million in ads against the bill.