Bad news for Big Tech.
Lawmakers have introduced five blockbuster pieces of legislation meant to limit the power of, and possibly even break up, large tech firms such as Facebook and Amazon.
This comes after a massive investigation into the monopoly power of some Silicon Valley giants.
Led by the ranking members of the antitrust subcommittee, Democrat David Cicilline and Republican Ken Buck, a bipartisan coalition in the House introduced the legislation on Friday. If passed, the bills would give the government more power to regulate Big Tech.
SEE ALSO: Facebook, Amazon, Apple, and Google deserve to be grilled at the House antitrust hearing Read more…
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Source : 5 takeaways from 5 new antitrust bills aimed at Big Tech
