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Hundreds of Small and Large Companies Support a Law in the US to Rein in Big Tech

On Monday, dozens of firms and industry organisations wrote to members of Congress, encouraging them to back a plan that would reign in the biggest digital companies like Amazon.com (AMZN.O) and Alphabet’s (GOOGL.O) Google.

Last week, Democratic Senator Amy Klobuchar and lawmakers from both parties announced that they had the votes in the Senate to enact legislation prohibiting tech platforms like Apple (AAPL.O) and Facebook from favouring their own firms.

Yelp, Sonos, DuckDuckGo, and Spotify are among the companies that support the law, which they describe as a “moderate and sensible bill focused squarely at well-documented abuses by the very largest web platforms.”

The American Booksellers Association, American Independent Business Alliance, Institute for Local Self-Reliance, and Kelkoo Group were among the other signatories. The bill is opposed by Amazon, the Chamber of Commerce, and others.
On June 7, 2022, she speaks at an event on the National Mall near the Washington Monument to dedicate a temporary memorial honouring 45,000 lives lost due to gun violence in 2020.

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Supporters said that the bill would modernise antitrust regulations, allowing smaller businesses to compete.

Klobuchar stated last week that she believed she had the 60 Senate votes required to finish discussion and move on to a final vote on the bill. In the House of Representatives, there is a similar bill.

Hundreds of companies and industry groups wrote to members of Congress on Monday, urging them to support a plan that would rein in the largest digital companies, such as Amazon.com (AMZN.O) and Alphabet’s (GOOGL.O) Google.

Senator Amy Klobuchar of Minnesota and lawmakers from both parties said last week that they had the votes in the Senate to pass legislation preventing internet platforms like Apple (AAPL.O) and Facebook from favouring their own companies.

Companies that support the proposal include Yelp, Sonos, DuckDuckGo, and Spotify, which call it a “moderate and sensible bill focusing firmly on well-documented abuses by the very largest digital platforms.”

Other signatories were the American Booksellers Association, American Independent Business Alliance, Institute for Local Self-Reliance, and Kelkoo Group. Amazon, the Chamber of Commerce, and others are against the bill.
On June 7, 2022, Hillary speaks at a ceremony near the Washington Monument on the National Mall to establish a temporary memorial honouring the 45,000 people who died as a result of gun violence in 2020.

“It’s no surprise that Yelp and Spotify support the bill because it was written with them in mind. Senators, on the other hand, claim that they aren’t hearing their constituents’ demands for Amazon Basics and Google Maps changes “According to a statement released by the pro-technology Chamber of Progress.

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The bill, according to the tech giants, would jeopardise popular consumer products such as Google Maps and Amazon Basics, as well as make it more difficult for them to protect their users’ security and privacy.

The pressure being applied to get a vote on the bill, according to Carl Szabo of NetChoice, is a sign that it will not pass. “This is the last gasp for air from a drowning bill,” he explained.

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