Sonos, Yelp Tell White House to Back Big Tech Antitrust Bill
- White House stops short of endorsing Klobuchar-Grassley bill
- Bill amendment designed to also cover TikTok and WeChat
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Amazon.com Inc. and Google parent Alphabet Inc. need to be regulated so smaller businesses can compete, a panel that included the chief executive officers of Sonos Inc. and Yelp Inc. told White House advisers Wednesday.
The panel convened for about an hour virtually and spoke in favor of bipartisan legislation from Senators Amy Klobuchar, a Minnesota Democrat, and Iowa Republican Chuck Grassley, according to two people familiar with the matter. That legislation would prohibit dominant platforms from giving an advantage to their own products. The White House stopped short of endorsing the bill during the meeting, according to a person familiar with the matter.