By John Eggerton, Multichannel News, 4-29-22
Big Tech and antitrust enforcement activists are squaring off over a couple of bipartisan bills in Congress meant to address the size and power of tech giants like Facebook, Amazon, and Google.
They made their opposing views known in dueling letters to congressional leaders considering the new legislation.
The bills under discussion are the American Innovation and Choice Online Act, which would prohibit large online platforms from giving “preference to their own products on the platform, excluding or disadvantaging competing products from another business on the platform, or discriminating among similarly situated users.”
The other is the Open App Markets Act, which would prevent affected companies from restricting the use of alternative in-app payment systems and from favoring their own terms of sale. » Read More