Rep. David N. Cicilline introduced the new antitrust legislation, saying, “The goal is to level the playing field between the largest companies and everyone else. Right now, 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.”
The American Innovation and Choice Online Act and The Ending Monopolies Act
The Merger Filing Fee Modernization Act
In two decades for the first time the Merger Fees have been increased making it too expensive to file the appropriate paperwork.
The Augmenting Compatibility and Competition by Enabling Service Switching (ACCESS) Act
This will require companies to make it easier for businesses and consumers to switch platforms through increased interoperability. The bills must pass a vote in the House Judiciary Committee before being presented to the full House and eventually the Senate. Also Read: Facebook and partners connect with industry on urban connectivity solutions for an inclusive digital economy
