On Thursday local time, the US Senate Judiciary Committee approved an antitrust bill targeting tech giants, bringing the bill one step closer to consideration by the Senate plenary session.
Apple Inc.
The bill was co-sponsored by Minnesota Democratic Senator Amy Klobuchar and Iowa Republican Senator Chuck Grassley. In the end, the bill was passed by the committee with 16 votes in favor and 6 against. The bill aims to protect digital competition and will prohibit tech giants from providing advantages for their products, services, or business lines on their platforms, which will directly affect the related businesses of Apple, Google, Amazon, and Meta.
The reason for this bill is because these tech giants often use their dominant position on the internet to enhance their competitiveness. Some smaller technology companies are dissatisfied with this. They believe that these giants with large platforms use unfair commercial practices to maintain their dominant position, which is not conducive to orderly competition in the market, and there is a suspicion that they have a monopoly.
Apple CEO Cook
Naturally, the tech giants mentioned above will not sit back and wait to die in response to this bill. Apple has warned relevant lawmakers through letters that once the bill is passed, Apple will have to open the App Store to third parties, which will pose a potential threat to the privacy and security of Apple users. Not long ago, Apple CEO Tim Cook and Google CEO Sundar Pichai also personally participated in a tour of senators...