"The newly unveiled legislative package’s five bills include the “American Innovation and Choice Online Act” (pdf) which seeks to ban discriminatory conduct, including a ban on the dominant platforms favoring their own products and services over other competitors on their platforms.
The “Platform Competition and Opportunity Act” (pdf) seeks to ban dominant platforms from acquiring competitive threats, which includes acquisitions that expand or entrench their market power of the online platforms. Another bill, the “Ending Platform Monopolies Act,” (pdf) would ban tech companies from leveraging their control across multiple businesses to self-preference, or to disadvantage other competitors “in ways that undermine free and fair competition.”
The fourth bill, referred to as the “ACCESS Act” (pdf) aims to promote competition online by requiring online platforms to lower barriers for users and businesses to enter the online marketplace; to have more control over what the companies do
The “Platform Competition and Opportunity Act” (pdf) seeks to ban dominant platforms from acquiring competitive threats, which includes acquisitions that expand or entrench their market power of the online platforms. Another bill, the “Ending Platform Monopolies Act,” (pdf) would ban tech companies from leveraging their control across multiple businesses to self-preference, or to disadvantage other competitors “in ways that undermine free and fair competition.”
The fourth bill, referred to as the “ACCESS Act” (pdf) aims to promote competition online by requiring online platforms to lower barriers for users and businesses to enter the online marketplace; to have more control over what the companies do
House Lawmakers Introduce Antitrust Package to Limit Power of Tech Giants
Lawmakers in the House of Representatives on Friday unveiled an antitrust package composed of five bills aimed at ...
https://www.theepochtimes.com/house-lawmakers-introduce-antitrust-package-to-limit-power-of-tech-giants_3855327.html?utm_source=share-btn-copylink
01:46 AM - Jun 13, 2021
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