DOJ authorizes antitrust bill targeting Amazon, Google, and Apple

According to the latest report, the U.S. Department of Justice has approved antitrust bills against Amazon, Google, and Apple on Monday, to prevent certain dominant technology platforms from favoring their own products or services.

The Justice Department told lawmakers in a letter that the rise of dominant platforms poses a threat to open markets and fair competition.

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Moreover, industry experts believe that after the passage of this anti-monopoly bill, it will truly become a legal basis, thereby bringing about major changes to the competition and development of the industry.

Furthermore, Washington Justice Department on Monday approved a bill that bars big digital platforms such as Amazon and Google from using a dominant position to put their products and services in a better position than their rivals, marking the first time the U.S. government has comprehensively supported this antitrust measure.

“Congress believes that the rise of dominant platforms poses a threat to open markets and competition, and a risk to consumers, businesses, innovation, resilience, global competitiveness, and our democracy,” said the acting assistant attorney general for legislative affairs at the U.S. Department of Justice Peter Hyun said in a letter to bipartisan leaders of the Senate Judiciary Committee.

Amazon, Apple, and Google have previously written or blogged to express concerns about the bill. Apple and Google stressed that the bill would force them to take risky moves with user data, such as sharing it with other services or allowing users to download uncensored apps.

In addition, Google and Amazon have stressed that the bill could have negative consequences for consumers and small businesses that rely on their services. For example, Amazon said it would “make it difficult for us to guarantee one-or two-day shipping for these small businesses, which is the key promise of Amazon’s Prime service to sellers and customers.”

(via)