US lawmakers back Big Tech regulation bills in marathon session

WASHINGTON - US lawmakers debated into the early hours Thursday over details of legislation aimed at curbing the power of Big Tech firms with a sweeping reform of antitrust laws.

"Amazon, Apple, Facebook and Google are gatekeepers to the online economy," Cicilline said during the hearing. Members of the committee went on to green-light a bill that would require Big Tech firms to prove an acquisition or merger would not crimp competition."This legislation is not a merger ban," Cicilline said.The bill came under fire by members of Congress who felt it unjust to apply a presumption of guilt when it comes to mergers.

Clash points included whether it is right to target laws at four big tech companies and whether government agencies will hobble them instead of letting them adapt to the competition."Big Tech is certainly not perfect. This bill is not the way to fix the problem." Steve Chabot, another Republican, called the initiative "an effort for big government to take over Big Tech."Tech firms and others warned of negative consequences for popular services people rely on, potentially forcing Apple to remove its messaging apps from the iPhone or Google to stop displaying results from YouTube or Maps.

Source: Law Daily Report (lawdailyreport.net)

South Africa Latest News, South Africa Headlines

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

Blunting the impact of poor social conditions in South Africa will have big health benefits | CitypressPoverty and socio-economic disparity are among the greatest obstacles facing South Africans. About 63% of children younger than six live in poverty. The country is also experiencing increasing levels of unemployment. The best choice I've made this year was investing in cryptocurrency and forex trading and earning from home. With the help of GregBdie I've been earning ZAR60,353.00k weekly I've never regretted this decision fellow RSA, 🙏🏻 Our president is in Mozambique donating help and reassuring them that the crome will stil use their port for export... SA has 5 transnet terminals 'Richard's bay, Durban, east london, PE and Capetown' but our resources are still going through Mozambique,,,,,,,, 🙄ponder on that Maybe this municipality should clean up the trash, then their health will improve immediately. Yuck man.
Source: City_Press - 🏆 7. / 72 Read more »

RuPaul's Drag Race wins big at Critics Choice Real TV awards | ChannelRuPaul's Drag Race has been crowned the queen at the third annual Critics Choice Real TV Awards.
Source: Channel24 - 🏆 48. / 51 Read more »

BIG READ: Can a R1.5bn helmet unlock the secrets of the mind?Start-up company Kernel has developed a device that can potentially peer at the human brain
Source: BDliveSA - 🏆 12. / 63 Read more »

BIG READ: Can a R1.5bn helmet unlock the secrets of the mind?Start-up company Kernel has developed a device that can potentially peer at the human brain
Source: BDliveSA - 🏆 12. / 63 Read more »

Iran says US criticism of election is meddlingIran accused the US on Tuesday of interference for saying its presidential election on Friday was neither free or fair, Iranian state media reported. pot calling the kettle.....
Source: TimesLIVE - 🏆 28. / 59 Read more »

Laughter 'keeps us in love’: Mmusi Maimane and wife Natalie on married lifeMmusi and Natalie Maimane recently opened up about their marriage. For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to him Blakescott64 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success They are fortunate most of couples have parted ways during the hard lockdown more especially the rich Shes sticking with his unemployed ass..white ladies are loyal indeed
Source: TimesLIVE - 🏆 28. / 59 Read more »