Tech giants including Amazon, Apple, Facebook and Google could be forced to make sweeping changes to their businesses under a series of new bills introduced by House lawmakers targeting the companies' economic dominance
The bipartisan legislation marks Congress's most significant push to date to rein in Silicon Valley, in some cases taking direct aim at tech giants' underlying business models. If successful, the legislation could force Google to stop promoting YouTube in its search results, or prohibit Amazon from selling products on its marketplace that compete directly with third-party seller listings.
Roku, the streaming device maker that competes with several of the largest tech companies, said Friday that an"aggressive set of reforms is needed to prevent a future where these monopolists further abuse consumer choice and hamper access to innovative and independent products."Tech industry advocates say the proposed bills would lead to dramatic changes for consumers.
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