{"id":272537,"date":"2021-06-12T00:14:28","date_gmt":"2021-06-11T21:14:28","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/congress-looks-to-break-up-big-tech-with-bold-new-antitrust-bills\/"},"modified":"2021-06-12T00:14:28","modified_gmt":"2021-06-11T21:14:28","slug":"congress-looks-to-break-up-big-tech-with-bold-new-antitrust-bills","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/congress-looks-to-break-up-big-tech-with-bold-new-antitrust-bills\/","title":{"rendered":"#Congress looks to break up Big Tech with bold new antitrust bills"},"content":{"rendered":"

“#Congress looks to break up Big Tech with bold new antitrust bills<\/strong>”<\/p>\n

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Congressional lawmakers are targeting tech giants over antitrust concerns \u2014 and the proposed legislation could force them to overhaul or even break up their increasingly dominant business empires.<\/p>\n

The package of five antitrust bills introduced by a bipartisan group in Congress on Friday \u2014 aimed at Amazon, App<\/a>le, Facebook<\/a> and Google\u2019s parent Alphabet \u2014 would make it harder for the biggest tech platforms to complete mergers and keep them from owning businesses that create conflicts of interest. <\/p>\n

Two of the new bills could be particularly tricky for Amazon and Apple to navigate as they both run marketplaces that include their own products or apps that compete with outside sellers that rely on their services. <\/p>\n

Called the \u201cEnding Platform Monopolies Act,\u201d sponsored by Rep. Pramila Jayapal (D-Wash)\u00a0and the \u201cThe American Innovation and Choice Online Act\u201d sponsored by House Judiciary subcommittee on antitrust Rep. David Cicilline (D-RI), the reforms could potentially break up the tech behemoths by cracking down on conflicts of interest between their different business lines.<\/p>\n

\"Rep.
Rep. David Cicilline (D-RI).<\/figcaption>
Mandel Ngan\/Pool via REUTERS<\/span><\/figcaption><\/figure>\n

The second bill introduced by Rep. Cicilline would reduce the ability of big tech companies to use their platforms to promote their own goods ahead of those of competitors \u2014 a rule that could slam Apple and Google\u2019s Android software over their app-store policies, and Amazon over its massive third-party marketplace.\u00a0<\/p>\n

\u201cUnregulated tech monopolies have too much power over our economy,\u201d said Cicilline. \u201cThey are in a unique position to pick winners and losers, destroy small businesses, raise prices on consumers, and put folks out of work. Our agenda will level the playing field.\u201d<\/p>\n

Rep. Ken Buck (R.\u2013Colo.), the top Republican on the antitrust panel, the legislation \u201cbreaks up Big Tech\u2019s monopoly power to control what Americans see and say online, and fosters an online market that encourages innovation.\u201d<\/p>\n