CNBC January 20, 2022
Key Points
– The Senate Judiciary Committee voted 16-6 on a bipartisan basis Thursday to advance a major tech competition bill.
– Some experts consider the American Innovation and Choice Online Act legislators’ best shot at making substantial reform to laws that govern Big Tech.
– If passed, the bill would have significant implications for Amazon, Apple and Google in particular.
The Senate Judiciary Committee voted 16-6 Thursday to advance a major tech competition bill, which some experts consider legislators’ best shot at making substantial reform to laws that govern the industry.
The American Innovation and Choice Online Act passed in a bipartisan manner, setting it on a path to potentially be adopted by the full Senate.
Five Republicans did...