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JUST IN: House of Representatives Democrats advance sweeping partisan bills to target Big Tech. "From Amazon and Facebook to Google and Apple

 
Anonymous Coward
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06/11/2021 04:08 PM
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JUST IN: House of Representatives Democrats advance sweeping partisan bills to target Big Tech. "From Amazon and Facebook to Google and Apple
Lawmakers in the U.S. House of Representatives introduced five bills on Friday, four of them aimed at reining in the power of the tech giants in what one congressional aide described as a revolution in antitrust.

Among the five bills, two address the issue of giant companies, such as Amazon.com Inc and Alphabet Inc's Google, creating a platform for other businesses and then competing against those same businesses.

One measure would require platforms to sell a subsidiary if owning it creates an incentive for the platform to advantage its own products or lines of business.

"From Amazon and Facebook to Google and Apple , it is clear that these unregulated tech giants have become too big to care and too powerful to ever put people over profits," said U.S. Representative Pramila Jayapal, a Washington state Democrat who sponsored this measure along with Representative Lance Gooden, a Republican.

A second measure would make it illegal in most cases for a platform to give preference to its own products on its platform with a hefty fine of 30% of the U.S. revenue of the affected business if they violate the measure. Representative David Cicilline, who chairs the House Judiciary Committee's antitrust panel, was a sponsor of this bill along with Gooden.

[link to finance.yahoo.com (secure)]
Anonymous Coward
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06/11/2021 04:15 PM
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Re: JUST IN: House of Representatives Democrats advance sweeping partisan bills to target Big Tech. "From Amazon and Facebook to Google and Apple
waitwhathell1circlj
Anonymous Coward
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06/11/2021 04:21 PM
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Re: JUST IN: House of Representatives Democrats advance sweeping partisan bills to target Big Tech. "From Amazon and Facebook to Google and Apple
Lawmakers in the U.S. House of Representatives introduced five bills on Friday, four of them aimed at reining in the power of the tech giants in what one congressional aide described as a revolution in antitrust.

Among the five bills, two address the issue of giant companies, such as Amazon.com Inc and Alphabet Inc's Google, creating a platform for other businesses and then competing against those same businesses.

One measure would require platforms to sell a subsidiary if owning it creates an incentive for the platform to advantage its own products or lines of business.

"From Amazon and Facebook to Google and Apple , it is clear that these unregulated tech giants have become too big to care and too powerful to ever put people over profits," said U.S. Representative Pramila Jayapal, a Washington state Democrat who sponsored this measure along with Representative Lance Gooden, a Republican.

A second measure would make it illegal in most cases for a platform to give preference to its own products on its platform with a hefty fine of 30% of the U.S. revenue of the affected business if they violate the measure. Representative David Cicilline, who chairs the House Judiciary Committee's antitrust panel, was a sponsor of this bill along with Gooden.

[link to finance.yahoo.com (secure)]
 Quoting: Anonymous Coward 78644783


clappa

It's about time Congress did something about these megalopolies that don't even pay tax.
Anonymous Coward
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06/11/2021 07:06 PM
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Re: JUST IN: House of Representatives Democrats advance sweeping partisan bills to target Big Tech. "From Amazon and Facebook to Google and Apple
Bezos will not be pleased:

Amazon could be forced to shed assets under House bill

House lawmakers are preparing to propose legislation that could require Amazon.com Inc. AMZN, -0.08% and other tech giants to effectively split into two companies or shed their private-label products, the Wall Street Journal reported Friday, citing people familiar with the matter. The bill could be announced Friday, the Journal said. The proposal could force structural separation of Amazon and other big tech companies that Congress has spent 15 months investigating, according to the Journal. The report said a separate bill targets the ability of big tech companies to leverage their online platforms to favor their own products

[link to www.marketwatch.com (secure)]
Anonymous Coward
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06/11/2021 07:07 PM
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Re: JUST IN: House of Representatives Democrats advance sweeping partisan bills to target Big Tech. "From Amazon and Facebook to Google and Apple
Note to OP: You have a typo in your thread title. This is a bipartisan bill with GOP support. It is not partisan.
Anonymous Coward
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06/11/2021 07:26 PM
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Re: JUST IN: House of Representatives Democrats advance sweeping partisan bills to target Big Tech. "From Amazon and Facebook to Google and Apple
Lawmakers in the U.S. House of Representatives introduced five bills on Friday, four of them aimed at reining in the power of the tech giants in what one congressional aide described as a revolution in antitrust.

Among the five bills, two address the issue of giant companies, such as Amazon.com Inc and Alphabet Inc's Google, creating a platform for other businesses and then competing against those same businesses.

One measure would require platforms to sell a subsidiary if owning it creates an incentive for the platform to advantage its own products or lines of business.

"From Amazon and Facebook to Google and Apple , it is clear that these unregulated tech giants have become too big to care and too powerful to ever put people over profits," said U.S. Representative Pramila Jayapal, a Washington state Democrat who sponsored this measure along with Representative Lance Gooden, a Republican.

A second measure would make it illegal in most cases for a platform to give preference to its own products on its platform with a hefty fine of 30% of the U.S. revenue of the affected business if they violate the measure. Representative David Cicilline, who chairs the House Judiciary Committee's antitrust panel, was a sponsor of this bill along with Gooden.

[link to finance.yahoo.com (secure)]
 Quoting: Anonymous Coward 78644783


clappa

It's about time Congress did something about these megalopolies that don't even pay tax.
 Quoting: Anonymous Coward 79073361


Yep.

Republicans had control of Congress and the Presidency and did nothing about this, even with Trump going on and on about Bezos and Amazon. He didn't do shit.

Now look.
Anonymous Coward
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06/11/2021 07:28 PM
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Re: JUST IN: House of Representatives Democrats advance sweeping partisan bills to target Big Tech. "From Amazon and Facebook to Google and Apple
Lawmakers in the U.S. House of Representatives introduced five bills on Friday, four of them aimed at reining in the power of the tech giants in what one congressional aide described as a revolution in antitrust.

Among the five bills, two address the issue of giant companies, such as Amazon.com Inc and Alphabet Inc's Google, creating a platform for other businesses and then competing against those same businesses.

One measure would require platforms to sell a subsidiary if owning it creates an incentive for the platform to advantage its own products or lines of business.

"From Amazon and Facebook to Google and Apple , it is clear that these unregulated tech giants have become too big to care and too powerful to ever put people over profits," said U.S. Representative Pramila Jayapal, a Washington state Democrat who sponsored this measure along with Representative Lance Gooden, a Republican.

A second measure would make it illegal in most cases for a platform to give preference to its own products on its platform with a hefty fine of 30% of the U.S. revenue of the affected business if they violate the measure. Representative David Cicilline, who chairs the House Judiciary Committee's antitrust panel, was a sponsor of this bill along with Gooden.

[link to finance.yahoo.com (secure)]
 Quoting: Anonymous Coward 78644783








But but but the republicans were gonna do that!

No wait! The reoublican senators will vote it down. Watch.
MountainTux NLI

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06/11/2021 07:33 PM

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Re: JUST IN: House of Representatives Democrats advance sweeping partisan bills to target Big Tech. "From Amazon and Facebook to Google and Apple
AND typical DemonRat move - biting the hand that's fed it.

Liberal censoring and warping of facts on ALL of the listed platforms is a large part of how the fools got to where they are. Now, they're going to try to make it look like they're supporting these reforms, when in fact it's about individuals racking in MORE money at the expense of their "allies."

This is going to go very badly for the current admin. Oh, I've been WAITING for them to be this stupid. They can piss on us peons, but they just poked a bear... Awesome!

Evil ALWAYS defeats itself - this is just at a MUCH faster rate than I expected.

5a

penguin
ad ignorantiam - The assumption of a conclusion or fact based primarily on lack of evidence to the contrary. Usually best described by, “absence of evidence is not evidence of absence.”
Anonymous Coward
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06/11/2021 07:35 PM
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Re: JUST IN: House of Representatives Democrats advance sweeping partisan bills to target Big Tech. "From Amazon and Facebook to Google and Apple
Looks like a few guys have pissed off their handlers...


Or more kabuki theater...


Seems like a 50/50 shot right now.
MrCoolone

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06/11/2021 07:47 PM

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Re: JUST IN: House of Representatives Democrats advance sweeping partisan bills to target Big Tech. "From Amazon and Facebook to Google and Apple
Lawmakers in the U.S. House of Representatives introduced five bills on Friday, four of them aimed at reining in the power of the tech giants in what one congressional aide described as a revolution in antitrust.

Among the five bills, two address the issue of giant companies, such as Amazon.com Inc and Alphabet Inc's Google, creating a platform for other businesses and then competing against those same businesses.

One measure would require platforms to sell a subsidiary if owning it creates an incentive for the platform to advantage its own products or lines of business.

"From Amazon and Facebook to Google and Apple , it is clear that these unregulated tech giants have become too big to care and too powerful to ever put people over profits," said U.S. Representative Pramila Jayapal, a Washington state Democrat who sponsored this measure along with Representative Lance Gooden, a Republican.

A second measure would make it illegal in most cases for a platform to give preference to its own products on its platform with a hefty fine of 30% of the U.S. revenue of the affected business if they violate the measure. Representative David Cicilline, who chairs the House Judiciary Committee's antitrust panel, was a sponsor of this bill along with Gooden.

[link to finance.yahoo.com (secure)]
 Quoting: Anonymous Coward 78644783








But but but the republicans were gonna do that!

No wait! The reoublican senators will vote it down. Watch.
 Quoting: Anonymous Coward 79406938



How is that impeachment working out for ya?
Anonymous Coward
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06/12/2021 05:13 PM
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Re: JUST IN: House of Representatives Democrats advance sweeping partisan bills to target Big Tech. "From Amazon and Facebook to Google and Apple
Looks like a few guys have pissed off their handlers...


Or more kabuki theater...


Seems like a 50/50 shot right now.
 Quoting: Anonymous Coward 8604447


Would you prefer they do nothing, like was the case for the past four years?

This is bipartisan and it's happening at last.

clappa
Anonymous Coward
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06/12/2021 05:26 PM
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Re: JUST IN: House of Representatives Democrats advance sweeping partisan bills to target Big Tech. "From Amazon and Facebook to Google and Apple
Let's see what ends up happening. I have my doubts based on past performance.
Anonymous Coward
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06/12/2021 05:27 PM
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Re: JUST IN: House of Representatives Democrats advance sweeping partisan bills to target Big Tech. "From Amazon and Facebook to Google and Apple
Let's see what ends up happening. I have my doubts based on past performance.
 Quoting: Anonymous Coward 78349802


It's bipartisan so it has a good chance of passing and Biden will sign it.
Catalyst4Thought

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06/12/2021 05:39 PM
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Re: JUST IN: House of Representatives Democrats advance sweeping partisan bills to target Big Tech. "From Amazon and Facebook to Google and Apple
AND typical DemonRat move - biting the hand that's fed it.

Liberal censoring and warping of facts on ALL of the listed platforms is a large part of how the fools got to where they are. Now, they're going to try to make it look like they're supporting these reforms, when in fact it's about individuals racking in MORE money at the expense of their "allies."

This is going to go very badly for the current admin. Oh, I've been WAITING for them to be this stupid. They can piss on us peons, but they just poked a bear... Awesome!

Evil ALWAYS defeats itself - this is just at a MUCH faster rate than I expected.

5a

penguin
 Quoting: MountainTux NLI


That's a huge yep. I was going to say this myself. First it was the Biden administration cracking down on the MSM that lied for him for 4 years and now it's big tech that has stifled almost all conservative voices speaking out about the DNC/liberal agenda.

And I see the usual libtards on here dragging Trump into it while failing to actually grasp what it means.

Next they will be turning on Antifa and BLM at this rate. Hey, libtards, how does it feel to be used and discarded like trash? Because that's what your party did to you.

Last Edited by Catalyst4Thought on 06/12/2021 05:41 PM
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"Bring it back and we will give you one that works."

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Anonymous Coward
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06/12/2021 05:52 PM
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Re: JUST IN: House of Representatives Democrats advance sweeping partisan bills to target Big Tech. "From Amazon and Facebook to Google and Apple
Let's just wait until the big tech is broken up, then we can jump for joy





GLP