Amazon, Other Tech Giants Could Be Forced to Shed Assets Under House Bill

Posted on AllSides June 11th, 2021
From The Center

House lawmakers are preparing to propose bipartisan legislation that could require Amazon . com Inc. and other technology giants to effectively split into two companies or shed their private-label products, according to people familiar with the matter and documents viewed by The Wall Street Journal.

The bill, which the people said could be announced Friday, could mandate structural separation of Amazon and other big technology companies that Congress spent 15 months investigating as part of an inquiry into the size and power of Big Tech. Another bill that also could be...

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https://www.wsj.com/articles/amazon-other-tech-giants-could-be-forced-to-shed-assets-under-house-bill-11623423248

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