House approves legislative blueprint to rein in Big Tech

The U.S. House of Representatives Judiciary Committee on Thursday approved a scathing 450-page report advocating legislation to rein in Big Tech's expansive powers. The report, released in October, recommends an overhaul of antitrust law to counter the growing influence of tech behemoths such as Google parent Alphabet Inc. , Facebook Inc. , Apple Inc. , and Amazon.com Inc. . "Amazon, Apple, Google, and Facebook each hold monopoly power over significant sectors of our economy...

House approves legislative blueprint to rein in Big Tech

The U.S. Place of Representatives Judiciary Committee on Thursday endorsed a scorching 450-page report supporting enactment to get control over Big Tech's sweeping forces. The report, delivered in October, prescribes a redesign of antitrust law to counter the developing impact of tech behemoths, for example, Google parent Alphabet Inc. , Facebook Inc. , Apple Inc. , and Amazon.com Inc. . "Amazon, Apple, Google, and Facebook each hold restraining infrastructure control over huge areas of our economy. This syndication second should end," Rep. David Cicilline, D-R.I., director of the Judiciary Committee's Antitrust Subcommittee, said in an explanation. "Since the Judiciary Committee has officially received our discoveries, I anticipate creating enactment that tends to the critical concerns we have raised."