Washington is ramping up efforts to rein in the market power of the largest tech companies in the United States.
Although President Biden has remained fairly quiet on any antitrust action since assuming office, he has nominated and appointed two critics of Big Tech to key enforcement and advisory positions.Â
In the Senate, lawmakers from both sides of the aisle have proposed bills aimed at curbing concerns over anti-competitive practices.
The House Judiciary Committee’s antitrust subcommittee held a key hearing with Apple and Google executives earlier this week. The previous week, the full panel formally approved the report released by Democrats on the committee last year that outlined ways Google, Amazon, Apple and Facebook allegedly abused their market power.
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