Wed. Oct 21st, 2020

House Democrats propose antitrust overhaul to rein in big tech

House Democrats will propose a major overhaul of U.S. laws that could make it easier to break up giant tech companies, keep them from getting bigger, and prevent companies like Amazon and Apple from competing against rivals in their own marketplaces.

A copy of the report was posted on Twitter ahead of the committee’s scheduled release early Tuesday.

A major overhaul: The Democratic proposals in the House Antitrust Subcommittee would be the most significant changes to federal antitrust rules in decades. They are the culmination of a 16-month bipartisan investigation into the practices of Facebook, Google, Apple and Amazon. It was published in a 449-page volume on Tuesday, just days or weeks before the Trump administration is expected to file antitrust proceedings against Google for abusing its power in the search market.

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By ashish

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