Ken Buck of Colorado, lead Republican on the House Judiciary Antitrust subcommittee, Rep. Lance Gooden (R-Tex.), is meant to prevent dominant companies from unfairly disadvantaging rivals, such as preventing smaller companies from establishing their own prices for goods and services. David Cicilline of Rhode Island, who helms the antitrust subcommittee, and Rep. The American Innovation and Choice Online Act, led by Democratic Rep.
Each of these bills addresses an important problem and we’re encouraged that there is strong bipartisan interest in tackling these issues."ġ. "The power of dominant big tech firms hurts small businesses and stifles the kind of innovation that makes America the world’s leading economy.What they're saying: A White House official tells Axios the administration will work with Congress as the process moves forward. A Republican aide told reporters that Republicans agree the status quo isn't working. Democrats and Republicans don't agree on much, a Democratic aide said in a call with reporters, but there is widespread agreement about the need to tackle what lawmakers see as a competition crisis in the U.S.Why it matters: The legislation is the latest attempt by the government to curb the power of tech giants.ĭetails: House lawmakers have sponsored five bipartisan bills that represent the culmination of a years-long inquiry into the power of Big Tech. Lawmakers on Friday debuted bipartisan bills that could fundamentally change how Big Tech does business in the U.S.ĭriving the news: If passed, the bills could force Apple to change how it runs its app store, break apart Amazon's control of its marketplace and halt Facebook and Google from buying smaller rivals in an effort to remake the online ecosystem.
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