The
bill is one of a slew introduced in this Congress aimed at
reining in tech firms, including industry leaders Facebook and
Apple. Thus far none have become law although one, a broader
measure to increase resources for antitrust enforcers, has
passed the Senate.
This bill, which Klobuchar's office said would be introduced
early next week, would be a companion to a measure which has
passed the House Judiciary Committee. It must pass both houses
of Congress to become law.
Klobuchar and Grassley's bill would specifically prohibit
platforms from requiring companies operating on their sites to
purchase the platform's goods or services and ban them from
biasing search results to favor the platform.
"As dominant digital platforms -- some of the biggest companies
our world has ever seen -- increasingly give preference to their
own products and services, we must put policies in place to
ensure small businesses and entrepreneurs still have the
opportunity to succeed in the digital marketplace," Klobuchar
said in a statement.
Klobuchar is chair of the Senate Judiciary Committee's antitrust
subcommittee while Grassley is the top Republican on the full
committee. Co-sponsors include Democrats like Senator Dick
Durbin, chair of the full Judiciary Committee, Richard
Blumenthal and Cory Booker, as well as Republicans Lindsey
Graham, John Kennedy and Cynthia Lummis.
(Reporting by Diane Bartz; Editing by Aurora Ellis)
[© 2021 Thomson Reuters. All rights
reserved.] Copyright 2021 Reuters. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
Thompson Reuters is solely responsible for this content.
|
|