House Democrats are prepping 5 antitrust bills to take on Big Tech
CNN
House Democrats are preparing five bills to weaken Big Tech's grip on the economy, in what could amount to Congress's biggest challenge yet to the dominance of Amazon, Apple, Facebook and Google.
The legislation, drafts of which are currently being circulated in Washington, are an outgrowth of what House Democrats have called a "top-to-bottom" investigation of the tech industry last year conducted by the House Judiciary Committee's antitrust panel. During that process, CEOs ranging from Apple's Tim Cook to Facebook's Mark Zuckerberg testified before critical lawmakers who accused the companies of abusing their monopoly power. The draft bills, copies of which were obtained by CNN, propose a range of legislative solutions to address how the tech companies built and maintained their market dominance. The bills were first reported by Politico.
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