Congress is Close to Cracking Down on Big Tech

  • 📰 TIME
  • ⏱ Reading Time:
  • 53 sec. here
  • 2 min. at publisher
  • 📊 Qulity Score:
  • News: 25%
  • Publisher: 53%

A bipartisan group of lawmakers plan to pass a bill this summer that will prohibit platforms like Google and Amazon from giving preference to their own services. But nothing is done on Capitol Hill until it is done

United Kingdom Headlines News

United Kingdom Latest News, United Kingdom Headlines

in favor of another one of Buck’s bills—which would strengthen the antitrust enforcement capabilities of state attorneys general—but he hasn’t yet weighed in on the AICO legislation. His office did not respond to a request for comment.

“He’s saying to people like Klobuchar, ‘Hey, Amy, I love this. I want to get it to the floor. Let’s go get 60 votes,’” says a source familiar with the process. “But then there’s a handful enough of senators who are either noncommittal or not engaged or just giving a poker face—so the bill never makes it to the floor.”

“My understanding from Klobuchar is that Schumer has promised to get at least some of these bills through,” the lawmaker said. “But what’s much more interesting is that Pelosi and Schumer are sort of playing this off against each other:But that’s the tough part. Because that’s the Big Tech strategy—to run the clock out.”

The spokesperson also pointed to the senator’s track record of shepherding anti-monopoly nominees and Big Tech antagonists to fill some of the most powerful watchdog roles in the federal government, such as Lina Khan as chair of the Federal Trade Commission and Jonathan Kanter as head of the DOJ’s Antitrust Division. The Senate is also expected to confirm Alvaro Bedoya to the FTC next week.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 93. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

îfcmcmx

Lord Bezos shall have his revenge! JeffBezos make world a better place.

Don't miss out, INVEST and EARN WEEKLY 💯 . DM for more information 📈 Angel_FX__ bitcoin

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Le Pen calls for close ties with Putin to avoid 'great danger' of Russia-China allianceMARINE LE PEN has called for France to 'engage' with Russia after the war in Ukraine in order to prevent an alliance between Russia and China. Can you spell Vichy? That worked out well. Russia and China are already teamed up years ago both economally and militarily. The west either fight back now or just accept the new world order that rule by China and Russia. So naive
Source: Daily Express - 🏆 26. / 68 Read more »

NSW and Victoria to scrap Covid isolation requirements for household and close contactsCovid restrictions to ease further in both states from Friday, with Victoria confident it has reached peak of Omicron wave ⚡️ escape 🔥💀 Ukraine Army Ambush Attack Russia Convoy V q
Source: The Guardian - 🏆 84. / 53 Read more »

Recharge for the day with a microbreak, the staycation trend that’s close to homeBreak away from your daily routine with a microbreak – the staycation trend that’s close to home
Source: StylistMagazine - 🏆 133. / 51 Read more »

James Argent supported by ex Lydia Bright at funeral of close friend Tom ParkerDevastated James Argent was joined by his 'best friend' and ex-girlfriend Lydia Bright during his late friend Tom Parker's funeral on Wednesday 20 April.
Source: OK_Magazine - 🏆 12. / 84 Read more »

Petershill: Goldman vehicle can close value gap with better disclosure\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
Source: FT - 🏆 113. / 51 Read more »