Antitrust projects won in the technology sector in Washington – Economy

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Antitrust efforts against big tech companies like Alphabet, which owns Google, Apple, Amazon.com and Facebook, are gaining momentum in Washington. A six-part package of bills was approved by the House Judiciary Committee on Thursday, 24th, paving the way for the House and Senate to consider the legislation.

The measures include the End Platforms Monopolies Act, which would allow regulators to take action against companies that take advantage of their large platforms to promote their other businesses at the expense of competitors.

In the UK, the Competition and Markets Authority (CMA) said on Friday it had launched a new investigation into how Google and Amazon handled false reviews on their sites. The agency added that it did not conclude that the companies broke the law. Both Google and Amazon said they would work with the CMA, according to The Wall Street Journal.

Google yesterday postponed its planned deletion of third-party tracking cookies. With more time needed, the company now plans to remove user tracking technology for three months by mid-2023. The announcement sparked action by ad tech companies Criteo, Trade Desk, Pubmatic and Magnite, which took more time to adapt the tool that replaces files Definition of the link.

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About the Author: Camelia Kirk

"Friendly zombie guru. Avid pop culture scholar. Freelance travel geek. Wannabe troublemaker. Coffee specialist."

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