**Competition Bills Target Amazon, Google and More**
**Washington, D.C.** – A package of antitrust bills is working its way through Congress, aiming to rein in the power of big tech companies like Amazon, Google, Apple, and Facebook. The legislation has been met with support from both Democrats and Republicans, signaling a growing consensus that the dominance of these companies has become a threat to competition and innovation.
**Key Provisions of the Legislation**
The bills include a range of provisions designed to curb the power of big tech, including:
– **Limits on acquisitions**: Companies with a market capitalization of over $50 billion would be prohibited from acquiring smaller competitors that could potentially threaten their dominance.
– **Restrictions on self-preferencing**: Companies would be prohibited from giving preferential treatment to their own products and services on their platforms.
– **Data portability**: Consumers would have the right to easily transfer their data from one platform to another, making it easier to switch between competitors.
– **Interoperability**: Platforms would be required to make it easier for third-party developers to access their services, promoting innovation and competition.
**Support from Lawmakers**
The legislation has gained bipartisan support in Congress. Rep. David Cicilline, a Democrat from Rhode Island, said that the bills are necessary to .
