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US introduces five bipartisan bills aimed at breaking up Big Tech

We missed this earlier: On June 11, US lawmakers debuted five bipartisan draft bills that are aimed at curbing the power of tech giants like Apple, Google, Facebook, and Amazon. These bills are the product of the 16-month long investigation by the House Judiciary Committee that found Big Tech companies enjoy monopoly power. "The legislation represents the most comprehensive effort to reform century-old antitrust laws," CNBC reported. "Unregulated tech monopolies have too much power over our economy. They are in a unique position to pick winners and losers, destroy small businesses, raise prices on consumers, and put folks out of work. Our agenda will level the playing field and ensure the wealthiest, most powerful tech monopolies play by the same rules as the rest of us." — Rep. David Cicilline said. The bills still need to be voted favourably by the…

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