U.S. House panel to take up Big Tech antitrust bills amid vociferous criticism
WASHINGTON: The House Judiciary Committee will take up a package of six antitrust bills on Wednesday, many aimed at reining in Big Tech, with heated debate expected on both sides of the issue.
There has been a flurry of opposition directed at the most sweeping reform bills, including from the powerful U.S. Chamber of Commerce, Amazon.com Inc, Apple Inc, Facebook Inc and Alphabet Inc’s Google.
Facebook, for example, argued that the bills underestimate competition from overseas and “are a poison pill for America’s tech industry at a time our economy can least afford it.”