Senate Panel Approves Antitrust Bill to Rein in Big Tech

France Nouvelles Nouvelles

Senate Panel Approves Antitrust Bill to Rein in Big Tech
France Dernières Nouvelles,France Actualités
  • 📰 commondreams
  • ⏱ Reading Time:
  • 60 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 51%

'A bipartisan group of senators just stated with a clear voice that Big Tech is too powerful.'

If passed into law, the measure—sponsored by Sens. Amy Klobuchar and Chuck Grassley —would prohibit major tech platforms from favoring their own products and services over those of other companies, a practice known as self-preferencing.

The six lawmakers who voted against the bill in committee were all Republicans: Sens. John Cornyn , Mike Lee , Ben Sasse , Tom Cotton , Thom Tillis , and Marsha Blackburn . "This was an even stronger vote than we expected—and notably bodes well about the ability to overcome a filibuster on the floor," said Ginger Quintero-McCall, legal director at Demand Progress."It will also provide momentum as the debate shifts back to the House."that"despite millions of lobbying dollars by monopolists spent to influence lawmakers, a bipartisan group of senators just stated with a clear voice that Big Tech is too powerful.

"With growing bipartisan appetite to break the power of Big Tech," Miller added,"the Senate should continue to reassert its power over the handful of men whose corporations undermine economic dynamism, eviscerate the free press, and threaten our democracy itself." While she ultimately voted to advance the legislation, Sen. Dianne Feinstein —who represents Silicon Valley—That prompted a sharp response from Klobuchar, who accused Feinstein of spreading false information about the administration's stance.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

commondreams /  🏆 530. in US

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

FTC chair says enforcers 'won't back down' to Big Tech despite attempts to 'intimidate'FTC chair says enforcers 'won't back down' to Big Tech despite attempts to 'intimidate'Lina Khan said she will move 'with a fierce sense of urgency' as her agency pursues antitrust actions.
Lire la suite »

China Notifies Firms of Tougher Investment Rules for Big TechChina Notifies Firms of Tougher Investment Rules for Big TechChina has notified some companies of new rules that require the country’s biggest internet firms to seek approval for investment deals, a mechanism that is likely to curb their growth ambitions
Lire la suite »

Wall St set to open higher on earnings boost, Big Tech bounces backWall St set to open higher on earnings boost, Big Tech bounces backUpbeat results from a host of companies nudged U.S. stock index futures higher on Wednesday, partially righting a wobbly start to the fourth-quarter reporting season, while Big Tech stocks also made a comeback.
Lire la suite »

Best trades on CNBC Wednesday: Jim Cramer likes these stocks amid volatility, pros' big tech playsBest trades on CNBC Wednesday: Jim Cramer likes these stocks amid volatility, pros' big tech playsA recap of the best stock picks on CNBC Wednesday.
Lire la suite »

New Project Launched as 'Direct Counterweight' to Big TechNew Project Launched as 'Direct Counterweight' to Big Tech'We are at a watershed moment with bipartisan support to finally break up the Big Tech monopolies that hurt consumers and small businesses,' says the head of the newly launched Tech_Oversight.
Lire la suite »

Why Big Tech Companies Have Been Quiet on Texas’ Abortion LawWhy Big Tech Companies Have Been Quiet on Texas’ Abortion LawAs the anniversary of Roe v. Wade nears, pressure is building from advocacy groups and workers themselves.
Lire la suite »



Render Time: 2025-03-21 13:19:55