Sen. Hawley introduces law to break up Big Tech companies

News

Sen. Josh Hawley, R-Mo., speaks during a hearing for Judge Merrick Garland, nominee to be Attorney General, before the Senate Judiciary Committee, Monday, Feb. 22, 2021 on Capitol Hill in Washington. (Al Drago/Pool via AP)

WASHINGTON, D.C.– U.S. Senator Josh Hawley (R-Missouri) has introduced legislation he says will restore accountability and competition to Big Tech.

The bill is called Bust Up Big Tech Act and would try and break up Big Tech companies trying to dominate multiple industries at the same time.

The legislation would prevent companies like Amazon from owning Amazon Marketplace and selling its own Amazon products in that marketplace against other competitors.

The law would also empower the FTC to monitor compliance and strengthen enforcement.

The Bust Up Big Tech Act will:

  • Ban major companies in the business of offering search engines, marketplaces, and exchanges from competing with third-party vendors by selling, advertising, or promoting their own competing goods and services on their sites
    • Example: Amazon should not be able to own Amazon Marketplace and sell their own Amazon products on their marketplace against other competitors. 
  • Ban major companies in the business of offering search engines, marketplaces, and exchanges from expanding their power and creating anticompetitive conflicts of interest by providing online hosting and internet infrastructure services for third parties
    • Example: Amazon cannot continue to operate an overwhelmingly dominant retail business and simultaneously own an enormous share of the cloud computing technology upon which the internet itself is built.
  • Empower the Federal Trade Commission to hire sufficient staff to monitor compliance
  • Ensure the antitrust laws are actually enforced, by authorizing state attorneys general and private citizens to bring civil actions to ensure compliance

Copyright 2021 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

About FOX 2 News

FOX 2 and KPLR 11 in St. Louis cover the news in Missouri and Illinois. There are over 68 hours of live news and local programming on-air each week. Our website and live video streams operate 24/7. Download our apps for alerts and follow us on social media for updates in your feed.

President Harry Truman said: “It is amazing what you can accomplish if you do not care who gets the credit.” That spirit is alive and well at Fox 2. Our teamwork is on display each and every day.

Our news slogan is: “Coverage You Can Count On.” We quite frankly are too busy to worry about who gets the credit. Our main concern is serving the viewer.

We go where the stories take us. Whether it be Washington, D.C when a Belleville man opened fire during a congressional baseball game practice or to Puerto Rico where local Ameren crews restored power after more than 5 months in the dark.

Coverage You Can Count On means “Waking up your Day” with our top-rated morning show. From 4:00 am-10:00 am we are leading the way with breaking news. But our early morning crew also knows how to have some fun! Our strong commitment to the communities we serve is highlighted with our Friday neighborhood shows.

Our investigative unit consists of three reporters. Elliott Davis focuses on government waste, Chris Hayes is our investigative reporter, and Mike Colombo is our consumer reporter. They work in unison with the news department by sharing resources and ideas.

We continue to cover breaking news aggressively and relied on our seasoned journalists to make a difference with the stories we covered. The shooting of Arnold Police Officer Ryan O’Connor is just one example of that. Jasmine Huda was the only reporter who had exclusive access to the O’Connor family during his amazing rehabilitation in Colorado.

Last, but certainly not least, FOX 2 and KPLR 11 are committed to covering local politics. We host debates among candidates and have the most extensive presidential election coverage. Our commitment to politics isn’t just during an election year. We produce two political shows that air every weekend.

Popular

Latest News

More News