Big Tech just got one step closer to squashing key US antitrust bill
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Sponsors of a key bipartisan antitrust bill have tried for months to secure a Senate vote and potentially pass the first major bill on technology competition" to come before the Senate since the dawn of the Internet."
Now, The Wall Street Journal reports, that bill will remain in limbo" as Congress has failed to schedule a vote before its recess. This could signify that Big Tech companies will prevail-through intense lobbying and criticism-and prevent the bill from passing a Senate floor vote. In just one week this summer, one industry group reportedly spent $22 million in ads against the bill.
The bill is controversial because it targets large companies like Amazon, Alphabet, Meta, and Apple. It stops them from self-preferencing business practices, like promoting their products above others or forcing smaller businesses to buy ad space to compete. Critics, like Google, say the law could threaten everything from the quality of online services to national security, but supporters, like bill co-sponsor Representative David Cicilline (D-RI), say much of the criticism boils down to lies coming from Big Tech."