The Department of Justice sent letters to lawmakers on the House and Senate Judiciary committees endorsing antitrust proposals that seek to block Big Tech giants from giving special treatment to their own products. “If enacted, we believe that this legislation has the potential to have a positive effect on dynamism in digital markets going forward. […]
The Department of Justice sent letters to lawmakers on the House and Senate Judiciary committees endorsing antitrust proposals that seek to block Big Tech giants from giving special treatment to their own products.
“If enacted, we believe that this legislation has the potential to have a positive effect on dynamism in digital markets going forward. Our future global competitiveness depends on innovators and entrepreneurs having the ability to access markets free from dominant incumbents that impede innovation, competition, resiliency, and widespread prosperity,” acting Assistant Attorney General Peter Hyun wrote in the letters, per The Hill.
The legislation would block Big Tech giants, determined by user base and revenue, from preferring their own goods or discriminating against rival products on their platforms. The definition would likely mean the bill would apply to Amazon, Apple, Meta and Google.
