Good morning,
Years of effort to get traction in limiting the marketplace power of the Big Tech platforms is seeing its first milestone. The Senate Judiciary Committee voted Thursday to advance a bill that would restrict America's biggest tech companies from downplaying rivals' products and services, or promoting their own.
While the 18-page bill makes no specific mention of tech giants, such as Google, Apple, and Amazon, it is structured precisely to target them. The bill specifically limits the ability of platform companies with more than $550 billion in market capitalization or annual sales, with a user base above a high threshold, from privileging their own products and services over others.
Read on for how the bill aims to level the playing field for startups that advertise on those platforms. |
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