U.S. House judiciary panel approves five antitrust bills

This translation has been automatically generated and has not been verified for accuracy.The U.S. House of Representatives Judiciary Committee approved five antitrust bills, three of them aimed at Big Tech, and will take up the last and most aggressive proposed legislation on Thursday, a bill that could require platforms to sell off lines of business.

“A small set of online platforms have become gatekeepers for much of the digital marketplace,” he said. “These dominant platforms can have the incentive and ability to abuse their market power to pick winners and losers among the firms that rely on their platforms to reach users and customers.” There has been vociferous opposition to that bill and others, including from the U.S. Chamber of Commerce, Amazon, Apple IncThe committee also approved a bill that would increase the budgets of the agencies enforcing antitrust law. A companion measure has already passed the Senate.

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