Big Tech Suffers Massive Blow in Anti-Trust Battle

Big Tech Suffers Massive Blow in Anti-Trust Battle

(UnitedVoice.com) – For years, the major Big Tech companies have been swallowing or squeezing out their competitors. Facebook, Amazon, Apple, and Google all control massive market shares and have way too much power. Congress has been looking for ways to rein the companies in and recently, they took the first step toward that goal.

On Thursday, June 24, the House Judiciary Committee voted 24-20 to advance the American Choice and Innovation Online Act. The antitrust bill would limit Big Tech companies from prioritizing their own products over their competitors on their platforms. In other words, Google would be restricted from putting its products at the top of search results on its search engine, thus giving it an unfair advantage.

Another bill, the Augmenting Compatibility and Competition by Enabling Service Switching (Access) Act was passed this week too. The legislation makes it easier for internet users to share information between platforms.

The bills passed in spite of Apple CEO Tim Cook’s attempts to personally influence Speaker of the House Nancy Pelosi (D-CA). The executive said he thinks the bills would hurt innovation and consumers. Lawmakers were not convinced and passed the bills through the committees anyway. Now the bills will go to the full House.

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