House and Senate lawmakers say Congress should rein in Big Tech companies by passing bipartisan antitrust legislation before Congress ends next week.
. "These are some of the most powerful companies the world has ever known, and they are spending hundreds of millions of dollars to prevent any commonsense reform.Sen. Amy Klobuchar, D-Minn., said Congress needs to act to protect consumer and privacy rights by passing antitrust legislation."The White House has been clear in its support for this legislation, and Sen. Schumer promised to get it done," Rep. David Cicilline, D-R.I., told Fox News this week.
"Congress is at a pivotal crossroads and has a historic opportunity to pass bipartisan antitrust legislation before the end of the year if Sen. Schumer and Speaker Pelosi are willing to call a vote," Buck said. The Biden administration said it's open to working with lawmakers to beef up antitrust rules for Big Tech companies.
The legislation is aimed at preventing dominant digital platforms from favoring their own products and services. Supporters say the status quo hurts small businesses, stifles innovation and limits consumer choice. A White House spokesperson told Fox News the White House continues "to work closely with the sponsors of tech antitrust legislation.""Promoting competition — including in the tech sector — is a core part of the president’s economic agenda," the White House spokesperson told Fox News. "The president has long called for fundamental legislative reforms to address these issues, including tech antitrust legislation.
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