Democrats launch their plans to take down Big Tech – and Republicans are on board

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House Democrats unveiled their antitrust package today introducing five bills aimed at reining in some of the nation's largest tech companies

They would be required to build new interfaces that allow users or businesses to more easily transfer to competing platforms. And the Justice Department or Federal Trade Commission could sue to force the tech giants to sell off parts of their business if they represent an “irreconcilable conflict of interest.”

NetChoice, a trade group backed by major tech companies, immediately blasted the bills and said they would lead to "higher prices, fewer choices, and less innovation." Rep. Madison Cawthorn said in a statement that "breaking up the monopoly held by large multinational tech corporations represents one of the most daunting challenges facing our nation."

But the online platform must also have at least 50 million active U.S. users each month or 100,000 active U.S. businesses, criteria that likely cuts down the application to just the U.S. tech companies.

 

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Bunch of people who have probably not created one thing in life and does not understand technology and how these technology giants have made America Great are all set to destroy innovation and progress.

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