Business Maverick: Lobbying intensifies over Senate undecideds on Antitrust Bill

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The Big Tech companies claim the bill would harm popular products like Amazon Prime and Google Maps while increasing cybersecurity risks. Amazon said last week that the bill unfairly targets it and likely would force the company to shutter its marketpla...

Undecided lawmakers are facing a barrage of lobbying from Alphabet Inc’s Google, Amazon, tech trade groups and progressive advocates ahead of a planned vote later this month on antitrust legislation to rein in the largest tech platforms.

“There’s a lot of momentum behind both of these bills,” Representative David Cicilline, a Rhode Island Democrat who chairs the House Judiciary antitrust subcommittee, said on a call on Monday evening. “They have significant bipartisan support, and they will pass when they come to the chambers in the coming weeks.”

Advocates for the bills, which include a barrage of smaller tech companies such as Spotify Technologies SA, Tinder parent Match Group Inc. and Yelp Inc., argue the legislation will help bring competition to markets now dominated by the tech giants. Progressive tech advocacy group Fight for the Future began a crowdfunding campaign Monday to pay for billboard ads targeting two Democrats — Senators Maggie Hassan of New Hampshire and Michael Bennet of Colorado — to support the legislation and stop “shilling for big tech.” Hassan and Bennet both face tough reelection fights in November.

 

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Amazon is a corporation that is destroying local businesses.

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