A Senate bill that squarely aims at reining in the power of vast digital platforms from Apple Inc. AAPL, -2.10% and Google parent Alphabet Inc. GOOGL, -0.65% GOOG, -0.47% will be debated by the Senate Judiciary Committee in a public hearing Thursday. A second bill, likely to be considered next week, has similar goals.
The first measure is designed to keep Big Tech from leveraging power in one arena to benefit products in another, such as Google favoring its own shopping results — which can be paid for by advertisers — in search results. The Open App Markets bill, scheduled for markup before the same committee publicly on Jan. 27 or Feb.
The Tech Oversight Project, which launched Tuesday, is funded by the Omidyar Network, a philanthropic venture started by eBay Inc. EBAY, +1.10% founder Pierre Omidyar, as well as the advocacy arm of the Economic Security Project, a nonprofit organization led by Facebook FB, +0.45% co-founder Chris Hughes. Hughes has called for the breakup of the company, which is now called Meta Platforms Inc.
Alphabet went even further, arguing in a blog post that the bills would “impose one set of rules on American companies while giving a pass to foreign companies.” For more: Microsoft faces antitrust battle for Activision deal, especially if ‘Call of Duty’ is destined for Xbox exclusivity
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