The House on Thursday approved sharply scaled-down legislation targeting the dominance of Big Tech companies by giving states greater power in antitrust cases and increasing money for federal regulators.
Under the bill, companies seeking approval for mergers would have to disclose subsidies they received from countries deemed to pose strategic or economic risks to the United States — especially China.
Rep. Tom McClintock, R-Calif., described the FTC’s leader, Lina Khan, as a “a radical leftist seeking to replace consumers’ decisions with her own.” The broader antitrust package would restrict powerful tech companies from favoring their own products and services over rivals on their platforms and could even lead to mandated breakups separating companies’ dominant platforms from their other businesses. It could, for example, prevent Amazon from steering consumers to its own brands and away from competitors’ products on its giant e-commerce platform.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
House approves scaled-down bill targeting Meta, Google, Amazon and Apple dominanceThe House approved sharply scaled-down legislation targeting the dominance of Big Tech companies by giving states greater power in antitrust cases and increasing money for federal regulators.
Leer más »
House Passes Antitrust Bill That Hikes M&A Fees, as Larger Efforts Targeting Tech Have StalledThe bipartisan and straightforward measures still saw heated debate, signaling the hurdles that more sweeping legislation targeting tech will have to overcome.
Leer más »
'Shameful': Steny Hoyer, No. 2 House Democrat, Opposes Stock Trading Ban\u0022Democratic House leadership,\u0022 noted one observer, is \u0022shooting down a wildly popular messaging bill right before the midterms.\u0022
Leer más »
Republican infighting threatens tech antitrust voteThe bills would make large tech mergers more expensive.
Leer más »
Help paying water bills may be on way for low-income CaliforniansGov. Gavin Newsom vetoed this bill Sept. 28. His veto statement says “lowering costs and making sure that Californians have access to safe and affordable drinking water is a top priority,” but the bill has “no sustainable, ongoing funding identified.”
Leer más »
Senate passes funding bill ahead of shutdown deadlineThe Senate on Thursday voted 72-25 to pass a short-term funding measure, sending the bill to the House ahead of Friday’s deadline to avert a government shutdown.
Leer más »