A new antitrust bill aimed at reducing conflicts of interest on online marketplaces could drastically decrease Big Tech companies giving preference to their own products and services and potentially even break up the tech giants.
The Ending Platform Monopolies Act, written by Democratic Rep. Pramila Jayapal of Washington, would promote competition in online marketplaces, such as those run by Amazon or Google, by eliminating the “irreconcilable conflicts of interest” that arise from dominant platforms both controlling a marketplace and selling items on it.
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