Amazon, Google and other big tech have to face another bipartisan antitrust law in the US

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A bipartisan group of lawmakers led by Senators Amy Klobuchar, a Democrat, and Republican Chuck Grassley, are planning to introduce a bill that would discourage big tech platforms like Amazon and Alphabet from giving preference to their products and services.

The bill is one of several unveiled at this convention aimed at curbing tech companies, including industry leaders Facebook and Apple. So far, no law has come into effect, although the Senate has passed a more comprehensive measure to increase resources for antitrust authorities.

This bill, which Klobuchar’s office said should be tabled early next week, would accompany a measure passed by the House Judiciary Committee. It has to pass both houses of Congress to become law.

The Klobuchar and Grassley bill would specifically prohibit platforms from requiring companies operating on their websites to purchase the platform’s goods or services and prohibit them from falsifying search results in order to favor the platform.

“As dominant digital platforms – some of the largest companies our world has ever seen – increasingly give preference to their own products and services, we need to put in place guidelines to ensure that small businesses and entrepreneurs continue to have the opportunity to be in the digital marketplace to be succesfull. “Said Klobuchar in a statement.

Klobuchar chairs the Antitrust Subcommittee of the Senate Judiciary Committee, while Grassley is the top Republican on the entire committee. Co-sponsors include Democrats such as Senator Dick Durbin, Chair of the Whole Justice Committee, Richard Blumenthal and Cory Booker, and Republicans Lindsey Graham, John Kennedy and Cynthia Lummis.

© Thomson Reuters 2021

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