Big Tech antitrust bill nears reintroduction on Capitol Hill — but could be thwarted by key Democrats
Technology,Business,Politics,Big Tech,Antitrust
A major antitrust bill to rein in Big Tech is poised to be reintroduced in Congress – but insiders fret that key Democrats with cozy ties to Silicon Valley could undermine their own party’s agenda.
Rep. Jerry Nadler (D-NY), the top Democrat on the House Judiciary Committee, is leading a push to resurrect the American Innovation and Competition Online Act. The bill would block Big Tech firms from “self-preferencing” their own services — for example Google promoting its shopping tool in search results while demoting rival services.
Reintroduction of AICOA is a “priority” for Nadler, who is set to sponsor the legislation and wants to get it done by the end of June, a congressional source close to the situation told The Post. The Senate version of the bill was reintroduced last year and co-sponsored by Sen. Amy Klobuchar (D-Minn.) and Sen. Chuck Grassley (R-Iowa).
“Reintroduction will happen, it’s just a matter of getting the members together and dotting some ‘I’s and crossing some ‘T’s,” said the source, who asked not to be named.
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