The Ending Platform Monopolies Act eliminates the ability of dominant platforms to leverage their control across multiple business lines to self-preference and disadvantage competitors in ways that undermine free and fair competition. The bill Companies would have two years from their designation as a covered platform to sell off businesses that violate this bills stringent requirements. Sen. Amy Klobuchar, a Democrat from Minnesota, speaks during a news conference with other Senate Democrats. House (s) of Congress and Federal agencies Check if None U.S. SENATE 18. O n June 11, a package of new bills introduced in the House antitrust subcommittee aims at Big Tech, specifically Amazon, Facebook, Google, and Apple. (A) be based on a finding that the criteria set forth in paragraph (5) (B) (i) (iii) of section 5 are met; Rep. Ken Buck (R-CO) has introduced companion legislation in the House. WASHINGTON Sens. IN THE HOUSE OF REPRESENTATIVES Ms. JAYAPAL introduced the following bill; which was referred to the Committee on A BILL To [promote competition and economic opportunity in digital markets by eliminating the irreconcilable conflicts of in- terest that arise from dominant online platforms' concur- rent ownership or control of an online platform and certain other businesses 3849 -the Augmenting Compatibility and Competition by Enabling Service Switching Act of 2021 or the ACCESS Act of 2021 H.R. It would force large companies like Amazon to sell Timothy R. Butler is Editor-in-Chief of Open for Business. The Ending Platform Monopolies Act is being floated as a tech-world equivalent of the landmark 1933 Glass-Steagall Act, which separated commercial and investment banking, according to the Journal. Platform Anti-Monopoly Act: This bill, proposed by Subcommittee Chairman David Cicilline, D-R.I., would prohibit dominant platforms from giving their own products and services advantages over those of competitors on the platform. The Ending Platform Monopolies Act provides the FTC and Attorney General with enforcement authority. Date Member CO-4: Buck Applauds House Judiciary Committee Passage of Bills Taking on Big Techs Monopoly Power: June 24, 2021: Pramila Jayapal: D: WA-7: Jayapals Landmark Big Tech Legislation Passes The American Innovation and Choice Online Act (AICOA), a bill that forbids Big Tech platforms like Apple, Alphabet (Googles parent company), and Amazon from generally behaving in an anti-competitive manner, was approved by the Senate Judiciary Committee late last week with a 16-6 vote. One of those bills, H.R. Ending Platform Monopolies Act, H.R. 3825: Ending Platform Monopolies Act. A violation of the Ending Platform Monopolies Act would result in, in addition to restitution and disgorgement, a fine of either: Up to 15% of the platform's US revenue for the previous calendar year. (1) The Commission or Department of Justice shall designate whether an entity is a covered platform for the purpose of implementing and enforcing this Act. For example, Amazon could not offer a marketplace and also sell its own products on that marketplace. Name of each individual who acted as a lobbyist in this issue area 19. 3825 - the Ending Platform Monopolies Act 17. 3826 - the Platform Competition and Opportunity Act of 2021 H.R. Mike Lee (R-UT) and Amy Klobuchar (D-MN) yesterday introduced the State Antitrust Enforcement Venue Act of 2021, a bill to ensure state attorneys general are able to remain in the court they select rather than having their cases moved to a court the defendant prefers. 3825, bans platforms from offering a service whenever a similar service already exists on the platform. There is currently not a Senate companion bill. 3825 - the Ending Platform Monopolies One of the most aggressive bills, the Ending Platform Monopolies Act, is sponsored by Rep. Pramila Jayapal, D-Wash., whose district includes Amazons Seattle headquarters. The Ending Platform Monopolies Act would prohibit companies from taking actions against smaller competitors that would restrict fair and free online competition. Others are more sweeping, such as the Ending Platform Monopolies Act, which could force certain companies to divest lines of business that present an irreconcilable conflict of The right answer to tech policy may be hard to find. One of the five bills introduced on Friday called the Ending Platform Monopolies Act would make it illegal for very large platform companies to own certain kinds of H.R. The limits on the covered platforms in the Platform Competition and Opportunity Act arent absolute (and I believe that a $50 million or below exclusion was added during markup based on an amendment by Rep. Deborah Ross (D-NC)), but for practical purposes would block many of the acquisitions that the Big Tech firms would want to make. Lately, Ive been seeing in the news that the House is debating the Ending Platform Monopolies Act (HR 3825), which would make it illegal for a big tech company to compete on a platform it operates on. Thankfully the House Judiciary Committee is not alone in this fight as we also have Senate champions for Big Tech accountability. The most controversial of the bills, the Ending Platform Monopolies Act, would make it illegal for major tech platforms to operate another The bills titles are written by its sponsor. The most controversial of the bills, the Ending Platform Monopolies Act, would make it illegal for major tech platforms to operate another line of business that creates a conflict of interest. That could spell trouble for Amazon, which operates a major e-commerce marketplace but also competes in it as a seller of many products itself. Interest of each foreign entity in the specific issues listed on line 16 above Check if None The Ending Platform Monopolies Act This bill would make it illegal for a dominant online platform to own another line of business that is a conflict of interest. Covered platform designation. The Ending Platform Monopolies Act: Companies are prohibited from using their own tech platforms to sell product lines that they own and control. Summary of H.R.3825 - 117th Congress (2021-2022): Ending Platform Monopolies Act The Ending Platform Monopolies Act would restrain Big Tech companies from using their power across multiple types of business to give themselves unfair advantages. 3825. Finally, the Ending Platform Monopolies Act made its way out of the committee. H.R. It ensures corporations can't sell their own product lines on own platform unfairly. The Ending Platform Monopolies Act and other four bills The Ending Platform Monopolies Act Aimed at stopping a marketplace from selling products on the marketplace that they own The American Choice and Innovation Online Act Aimed at preventing a marketplace from promoting their own products through manipulation vs merchants products The Ending Platform Monopolies Act, led by Rep. Pramila Jayapal (D-WA), prevents a covered entity, defined the same way as in the Platform Competition and Opportunity Act, from owning or operating other businesses such as Such designation shall. The Ending Platform Monopolies Act and the four other bills being shared among lawmakers are the culmination of a 16-month investigation by the House Judiciary subcommittee into possible antitrust violations by the big four tech companies Google, Apple, Facebook and Amazon. 3825, The Ending Platform Monopolies Act Practical Implication: Gives the government unfettered discretion to break up the major platforms in dozens of different ways even based on a theoretical conflict of interest with no real-world harm. As a heavy Apple user, this makes me concerned that, if passed, Apple services I depend on would suddenly be illegal. The Ending Platform Monopolies Act imposes structural separations on covered platforms that operate businesses that may create a substantial incentive to disadvantage competitors. The Ending Platform Monopolies Act was opposed by four Democrats, including Rep. Zoe Lofgren (D-CA), Rep. Eric Swalwell (D-CA), Rep. Lou Correa (D-CA) and Rep. Greg Stanton (D-AZ). Two Republicans, Rep. Ken Buck (R-CO) and Rep. Matt Gaetz (R-FL), joined with the rest of the Democrats to support the bill. 3825, the Ending Platform Monopolies Act, introduced by Democratic Rep. Pramila Jayapal of Washington, could have the effect of 3816 - the American Choice and Innovation Online Act H.R. Of the privacy bills introduced in the House and Senate, H.R. The Ending Platform Monopolies Act is bipartisan legislation that eliminates the conflicts of interest that arise from a dominant platforms ownership and reach across multiple business lines. The bill is a Senate companion to similar legislation introduced in the House by Rep. Hakeem Jeffries as part of its Antitrust Subcommittees A Stronger Online Economy package to address the gatekeeper power of Big Tech. Five members of Congress have made five statements about this bill. Senators Amy Klobuchar, Richard Blumenthal, Chuck Grassley, and Tom Cotton are leading the way in issuing modified versions of the House competition package. But the answer to proposals like Ending Platform Monopolies Act is easy: they are dangerous and anyone who depends on technology should vigorously oppose them. The ACCESS ACT provides the FTC with specific enforcement authority but does not limit the authority of the Attorney General or the FTC under the antitrust laws, Section 5 of the FTC Act (15 USC 45), or any other provision of law. To promote competition and economic opportunity in digital markets by eliminating the conflicts of interest that arise from dominant online platforms' concurrent ownership or control of an online platform and certain other businesses. The third bill on the list, the Ending Platform Monopolies Act [PDF], was the most controversial and passed by a narrow 21-20 margin. 4 min read. U.S. SENATE, U.S. HOUSE OF REPRESENTATIVES H.R. David Cicilline, the co-sponsor of the bills and Democratic chair of the Antitrust panel, tweeted a breakdown of the bills which, he says, will, "strengthen our laws to Senate; Legislators: Head to Head Ending Platform Monopolies Act. Today, Senators Amy Klobuchar and Tom Cotton introduced the Platform Competition and Opportunity Act of 2021. The Ending Platform Monopolies Act H.R. The Ending Platform Monopolies Act, H.R. The Ending Platform Monopolies Act is for you.