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Senate Judiciary Panel Clears Tech-Focused Antitrust Bill

  • Similar bill passed House panel last year, awaits floor vote
  • White House hasn’t taken a public position on the legislation
The U.S. Capitol in Washington, D.C.

The U.S. Capitol in Washington, D.C.

Photographer: Eric Lee/Bloomberg
Updated on

The Senate Judiciary Committee on Thursday approved an antitrust bill aimed at Apple Inc., Meta Platforms Inc., Amazon.com Inc. and Alphabet Inc.’s Google, bringing the measure one step closer to consideration by the full Senate.

The bill, S. 2992, sponsored by Minnesota Democrat Amy Klobuchar and Iowa Republican Chuck Grassley, would prohibit covered platforms from giving an advantage to their own products on their platforms. Smaller competitors have said these so-called gatekeeper companies use unfair business practices to maintain their dominance.