Big Tech: New Step to Curb Firms’ Power Advanced by US Senate Panel

[Pelican Press 0]

Big Tech: New Step to Curb Firms’ Power Advanced by US Senate Panel

The US Congress has taken a new step toward reining in the market dominance of Big Tech companies. Bipartisan legislation advanced by a Senate panel would bar the dominant online platforms from favouring their own goods and services over those of rivals. It could, for example, prevent

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from steering consumers to its own brands and away from competitors’ products on its giant e-commerce platform.

The bill also could bring restrictions for

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’s search engine, which accounts for about 90 percent of web searches worldwide and routinely places its services at the top of search results.

The legislation won a 16-6 vote in the US Senate Judiciary Committee on Thursday and was sent on to the full Senate. The action marked a new turn in Congress’ effort to curb the dominance of the tech giants and anticompetitive practices that critics say have hurt consumers, small businesses and innovation.

Lobbying by Meta (formerly

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),

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, Apple and other tech giants was intense ahead of the US Senate panel’s action.

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Says Two Security Team Leaders Leaving Company

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