Reuters
U.S. bill targeting Big Tech approved by Senate panel despite hefty lobbying
WASHINGTON (Reuters) -The U.S. Senate Judiciary Committee on Thursday approved a bill that would bar tech giants like Amazon.com from giving preference to their own businesses on their websites, despite hefty lobbying from top executives like Apple CEO Tim Cook. The biggest technology companies, including Meta Platforms Inc’s Facebook and Apple Inc, have been under pressure in Congress because of allegations they abused their outsized market power. Lawmakers voted on an amended version of a bill introduced by Senators Amy Klobuchar, a Democrat, and Chuck Grassley, a Republican, that expanded the definition of companies covered by the bill to include firms like the popular video app TikTok and specified that companies were not required to share data with firms that the U.S. government considers national security risks.
