Big Tech: New Step to Curb Firms’ Power Advanced by US Senate Panel

The bill also could bring restrictions for Google’s search engine.

Big Tech: New Step to Curb Firms’ Power Advanced by US Senate Panel

The US Congress is tying to curb the dominance of tech giants and anticompetitive practices

Highlights
  • Big tech platforms may be barred from favouring their own offerings
  • Google's search engine may be affected by the bipartisan legislation
  • Meta, Google, Amazon, and Apple lobbied against the legislation
Advertisement

The US Congress has taken a new step toward reining in the market dominance of Big Tech companies. Bipartisan legislation advanced by a Senate panel would bar the dominant online platforms from favouring their own goods and services over those of rivals. It could, for example, prevent Amazon from steering consumers to its own brands and away from competitors' products on its giant e-commerce platform.

The bill also could bring restrictions for Google's search engine, which accounts for about 90 percent of web searches worldwide and routinely places its services at the top of search results.

The legislation won a 16-6 vote in the US Senate Judiciary Committee on Thursday and was sent on to the full Senate. The action marked a new turn in Congress' effort to curb the dominance of the tech giants and anticompetitive practices that critics say have hurt consumers, small businesses and innovation.

Lobbying by Meta (formerly Facebook), Google, Amazon, Apple and other tech giants was intense ahead of the US Senate panel's action.


Looking to buy headphones? Listen to the experts on Orbital, the Gadgets 360 podcast. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.
Affiliate links may be automatically generated - see our ethics statement for details.
Comments

For the latest tech news and reviews, follow Gadgets 360 on X, Facebook, WhatsApp, Threads and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel. If you want to know everything about top influencers, follow our in-house Who'sThat360 on Instagram and YouTube.

Twitter Says Two Security Team Leaders Leaving Company
Security Scanners Across Europe Tied to China Govt, Military
Share on Facebook Gadgets360 Twitter Share Tweet Snapchat Share Reddit Comment google-newsGoogle News
 
 

Advertisement

Follow Us

Advertisement

© Copyright Red Pixels Ventures Limited 2024. All rights reserved.
Trending Products »
Latest Tech News »