SCHUMER PRESSED ON ANTITRUST BILLS

Senate Majority Leader Charles Schumer (D-N.Y.) is facing renewed pressure from advocacy groups to prioritize antitrust bills targeting tech giants this Congress.

 

More than 20 organizations led by Demand Progress, an advocacy group aimed at advancing competition in the tech sector, sent a letter to Schumer on Monday pressing him to prioritize two key antitrust bills.

 

Both measures passed the House and Senate Judiciary committees with bipartisan support but did not become law.

 

The proposals target the nation’s four largest tech companies, Meta, Apple, Alphabet and Amazon. They faced fierce pushback from the companies and industry groups that represent the companies, which spent millions of dollars to oppose the bills.

 

The industry also fought the proposals with aggressive advertisement campaigns arguing the proposals would dismantle services consumers enjoy and lead to security concerns.