• Bills that could force Big Tech breakups unveiled in House

    1 day ago - By Chron

    WASHINGTON - 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...
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  • Did Big Tech Get Too Big? U.S. Crackdown Seeks Answer

    1 day ago - By Washington Post

    The rise of global technology superstars Amazon, Apple, Facebook and Google created new challenges for the competition watchdogs who enforce antitrust laws. The companies dominate markets in e-commerce and smartphones, search advertising and social-media traffic. An anti-monopoly crackdown that began under President Donald Trump is expected to continue under President Joe Biden, who is surrounding himself with outspoken advocates for vigorous antitrust enforcement against U.S. tech companies.
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