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U.S. House antitrust chairman plans multiple bills to go after Big Tech

Published 03/21/2021, 08:37 PM
Updated 03/21/2021, 08:40 PM
© Reuters. FILE PHOTO: FILE PHOTO: Rep. David Cicilline (D-RI) speaks during a hearing in Washington
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WASHINGTON (Reuters) - Democratic Representative David Cicilline, chairman of the House Judiciary Committee's antitrust panel, is preparing to come out with 10 or more pieces of legislation targeting Big Tech companies, a source with knowledge of the matter said on Sunday.

The subcommittee, under Cicilline's leadership, released a 449-page report in October last year, which detailed abuses of market power by Apple (NASDAQ:AAPL), Amazon (NASDAQ:AMZN), Alphabet (NASDAQ:GOOGL)'s Google and Facebook (NASDAQ:FB).

The strategy to produce a series of smaller bills is aimed at lowering opposition from tech companies and their lobbyists towards a single piece of legislation, the source said.

Cicilline is also working on a separate bill targeting a key law called Section 230, which offers protection to tech platforms from liability over content users post, the source said.

His 230 legislation is likely to go after platforms such as Facebook and the way they amplify user content.

Cicilline's comments were first reported in an interview by Axios on Sunday. His office declined comment.

Latest comments

China agrees. Please weaken your american companies so china can be stronger
They shoul break up twetter and facebook into 10 entities.
Democrats will not regulate Big Tech they are partners in censorship
Bills to give more money to big tech after they helped you?
speaks of QCOM not QQQ
so should I buy qqq calls now or later?
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