Bills that could force Big Tech breakups unveiled in House
https://apnews.com/4c2765b955e4c556002aebb8e48d3c21
WASHINGTON (AP) — A group of House lawmakers put forward a sweeping legislative package Friday that could curb the market power of Big Tech companies and force Facebook, Google, Amazon or Apple to sever their dominant platforms from their other lines of business.
The bipartisan proposals are the culmination of a 15-month investigation by the House Judiciary Committee’s antitrust subcommittee, led by Democratic Rep. David Cicilline of Rhode Island. It concluded that the four tech giants have abused their market power by charging excessive fees, imposing tough contract terms and extracting valuable data from individuals and businesses that rely on them.
Bills that could force Big Tech breakups unveiled in House
Jun 11, 2021, 11:25pm UTC
https://apnews.com/4c2765b955e4c556002aebb8e48d3c21
> WASHINGTON (AP) — A group of House lawmakers put forward a sweeping legislative package Friday that could curb the market power of Big Tech companies and force Facebook, Google, Amazon or Apple to sever their dominant platforms from their other lines of business.
> The bipartisan proposals are the culmination of a 15-month investigation by the House Judiciary Committee’s antitrust subcommittee, led by Democratic Rep. David Cicilline of Rhode Island. It concluded that the four tech giants have abused their market power by charging excessive fees, imposing tough contract terms and extracting valuable data from individuals and businesses that rely on them.