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Big Tech to face another bipartisan antitrust bill


WASHINGTON, Oct 14 (Reuters) – A bipartisan group of lawmakers, headed by Senators Amy Klobuchar, a Democrat, and Republican Chuck Grassley, plan to introduce a bill that might bar Big Tech platforms, like Amazon (AMZN.O) and Alphabet’s (GOOGL.O) Google, from favoring their services.

The bill is certainly one of a slew launched on this Congress aimed toward reining in tech companies, together with business leaders Facebook (FB.O) and Apple (AAPL.O). Thus far none have grow to be regulation though one, a broader measure to improve assets for antitrust enforcers, has handed the Senate. learn extra

This bill, which Klobuchar’s workplace stated can be launched early subsequent week, can be a companion to a measure which has handed the House Judiciary Committee. It should go each homes of Congress to grow to be regulation.

Klobuchar and Grassley’s bill would particularly prohibit platforms from requiring corporations working on their websites to buy the platform’s items or providers and ban them from biasing search outcomes to favor the platform.

“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,” Klobuchar stated in a press release.

Klobuchar is chair of the Senate Judiciary Committee’s antitrust subcommittee whereas Grassley is the highest Republican on the total committee. Co-sponsors embody Democrats like Senator Dick Durbin, chair of the total Judiciary Committee, Richard Blumenthal and Cory Booker, in addition to Republicans Lindsey Graham, John Kennedy and Cynthia Lummis.

Reporting by Diane Bartz; Editing by Aurora Ellis

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