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Yo_Mama_Been_Loggin

(107,085 posts)
Tue Jan 11, 2022, 03:21 PM Jan 2022

Senate Judiciary Committee to debate key antitrust bill

The Senate Judiciary Committee on Thursday will mark up a proposal to limit tech giants from prioritizing their own goods over rival products, signaling momentum for proponents of revamping antitrust laws in the new year.

The American Innovation and Choice Online Act has bipartisan support, co-sponsored by Antitrust Subcommittee Chair Amy Klobuchar (D-Minn.) and Judiciary ranking member Chuck Grassley (R-Iowa).

Senators in support of the proposal say it would mitigate concerns critics have raised that tech giants, such as Amazon, Google, Apple and Facebook, have engaged in discriminatory behavior by preferencing their own goods and disadvantaging their rivals.

"For too long, tech giants have used their power to suppress their rivals, unfairly put their products first in their marketplaces, and force sellers on their platforms to buy more services from them in exchange for better placement on their site. This has hurt both small businesses and consumers," Klobuchar said in a statement Monday announcing Thursday's markup. "A broad, bipartisan group of our colleagues agree and have signed on to our legislation to implement common sense rules of the road for these platforms."

https://www.msn.com/en-us/news/politics/senate-judiciary-committee-to-debate-key-antitrust-bill/ar-AASFGkm

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Senate Judiciary Committee to debate key antitrust bill (Original Post) Yo_Mama_Been_Loggin Jan 2022 OP
Whack eBay, will ya? /nt bucolic_frolic Jan 2022 #1
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