U.S. House committee approves blueprint for Big Tech crackdown
By Diane Bartz
Reuters
WASHINGTON (Reuters) - The U.S. House of Representatives Judiciary Committee has formally approved a report accusing Big Tech companies of buying or crushing smaller firms, Representative David Cicilline s office said in a statement Thursday.
With the approval during a marathon, partisan hearing, the more than 400 page staff report will become an official committee report, and the blueprint for legislation to rein in the market power of the likes of Alphabet Inc s Google, Apple Inc, Amazon.com and Facebook.
The report was approved by a 24-17 vote that split along party lines. The companies have denied any wrongdoing.
House Antitrust Chairman David Cicilline: Amazon, Apple, Google & Facebook each hold monopoly power over significant sectors of our economy patentlyapple.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from patentlyapple.com Daily Mail and Mail on Sunday newspapers.
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The blueprint for legislation to rein in the market power of big tech companies REPUBLIKA.CO.ID, - The U.S. House of Representatives Judiciary Committee has formally approved a report accusing Big Tech companies of buying or crushing smaller firms, Representative David Cicilline’s office said in a statement Thursday. With the approval during a marathon, partisan hearing, the more than 400 page staff report will become an official committee report, and the blueprint for legislation to rein in the market power of the likes of Alphabet Inc s (GOOGL.O) Google, Apple Inc (AAPL.O), Amazon.com (AMZN.O) and Facebook (FB.O).
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