The Senate took a big step toward regulating Big Tech
The Senate Judiciary Committee voted 16-6 on Thursday to move forward with a bill that could be a major thorn in the side of companies including Apple, Google, and Amazon.
The vote for the American Innovation and Choice Online Act passed with support from both Democratic and Republican senators. The bill will now be sent to the Senate floor to be voted on.
If passed, the bill would bar Big Tech companies from giving their products preferential treatment on their own platforms. For example: Amazon couldn't bump its own products to the top of its marketplace ahead of third-party products.
"As dominant digital platforms some of the biggest companies our world has ever seen increasingly give preference to their own products and services, we must put policies in place to ensure small businesses and entrepreneurs still have the opportunity to succeed in the digital marketplace," Sen. Amy Klobuchar, one of the bill's cosponsors, said in a statement.
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