Bills that could force Big Tech breakups unveiled in House

Bills that could force Big Tech breakups unveiled in House

SeattlePI.com

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WASHINGTON (AP) — A group of House lawmakers put forward a sweeping legislative package Friday that could curb the market power of Big Tech companies and force Facebook, Google, Amazon or Apple to sever their dominant platforms from their other lines of business.

The bipartisan proposals are the culmination of a 15-month investigation by the House Judiciary Committee’s antitrust subcommittee, led by Democratic Rep. David Cicilline of Rhode Island. It concluded that the four tech giants have abused their market power by charging excessive fees, imposing tough contract terms and extracting valuable data from individuals and businesses that rely on them.

“Right now, unregulated tech monopolies have too much power over our economy,” Cicilline said in a statement. “They are in a unique position to pick winners and losers, destroy small businesses, raise prices on consumers and put folks out of work. Our agenda will level the playing field and ensure the wealthiest, most powerful tech monopolies play by the same rules as the rest of us.”

The proposed legislation targets the structure of the companies and could break them up, a radical step for Congress to take toward a powerful industry. The tech giants for decades have enjoyed light-touch regulation and star status in Washington, but have come under intensifying scrutiny and derision over issues of competition, consumer privacy and hate speech.

As a candidate, President Joe Biden said breaking up big tech companies should be considered, though he hasn’t spoken on the issue as president. If such steps were mandated, they could bring the biggest changes to the industry since the federal government’s landmark case against Microsoft almost 20 years ago.

Rep. Ken Buck of Colorado, the senior Republican on the antitrust panel,...

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