Ahead of the 2020 presidential election, and continuing in the ensuing months, complaints about censorship from both major political parties increased. Big Tech, they said, was controlling the narrative and picking sides.
As a result, pressure mounted from the general public to see political leaders pass legislation to rein in the tech giants. But those efforts could have an unintended consequence, and that may mean millions of small businesses and independent sellers that rely on online...
House lawmakers have advanced a bill that could potentially require Amazon [NASDAQ: AMZN] to divest its logistics business.
The Ending Platform Monopolies Act, co-sponsored by Reps. Pramila Jayapal, D-Wash., and Lance Gooden, R-Texas, was debated and passed by the House Judiciary Committee on Thursday by a vote of 21-20. The bill will next be considered by the full chamber.
The legislation “eliminates the ability of dominant platforms to leverage their control across multiple business lines to...