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US lawmakers are targeting big tech in a big way, and it’s going to affect us all

The Next Web Tuesday, 15 June 2021
US lawmakers are targeting big tech in a big way, and it’s going to affect us allFive antitrust laws proposed in the United States aim to aggressively rein in the market power of “big tech” companies and change the way they do business. The set of bills, introduced on June 11, targets the enormous economic power wielded by the likes of Amazon, Apple, Facebook, and Google (owned by parent company Alphabet). The expansive proposals range from breaking up different businesses run by big tech, to more effectively preventing mergers known as “killer acquisitions”, in which big tech companies buy up rivals to stamp out threats to their market power. The proposals would represent a massive change to…

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Video Credit: Cover Video STUDIO - Published
News video: Lawmakers Take Aim at Big Tech With Overhaul of Antitrust

Lawmakers Take Aim at Big Tech With Overhaul of Antitrust 01:22

On June 11, lawmakers in the House introduced new antitrust legislation aimed at keeping Big Tech's power in check.

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