US Senator Wants To Hurry Passage Of Big Tech Antitrust Bill

A US congressional leader on antitrust, Senator Amy Klobuchar, on Tuesday called for Congress to pass a bill to rein in Big Tech, as prospects of it becoming law seemed to be dimming.

Supporters have been pressing Senate Majority Leader Chuck Schumer to schedule a vote on the bill that would ban self-preferencing by Big Tech platforms like Amazon and Alphabet’s Google. Klobuchar, a lead sponsor along with Republican Chuck Grassley, has said she has the 60 votes required to pass the measure.

“We must pass legislation to put rules of the road in place for dominant tech companies,” Klobuchar said in a statement Tuesday. “These platforms use their dominance to unfairly disadvantage their rivals, all at the expense of competition and consumers.”

She is expected to give a speech on the Senate floor Tuesday evening on the Big Tech antitrust bill and related matters.

Schumer said Tuesday his emphasis was on a bill to boost chip manufacturing, and on judicial confirmations. Asked about antitrust bills, he said: “I’m working with Senator Klobuchar. I support these bills. … We have to see that we have 60 votes.”

The Senate has three weeks, including this one, before its scheduled August recess. When lawmakers return in September, expectations are that the focus will be on November midterm elections.

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.