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US antitrust bill blocking self-preferencing by Big Tech needs to be brought to vote on Senate floor, Senator Klobuchar says

( July 20, 2022, 19:02 GMT | Official Statement) -- MLex Summary: US Senator Amy Klobuchar urged Congress to pass antitrust legislation aimed at curbing the market power of dominant large technology platforms. In an hour-long speech on the Senate Floor, Klobuchar said "Now is the time to bring this bill to a vote on the floor." The American Innovation and Choice Online Act, which would block tech companies from preferencing their own products, has been endorsed by several leading national security experts, antitrust legal scholars, and small business organizations, she said. "These dominant tech platforms have abused their power for years, and now we are at a crossroads. Will America continue to be a place where entrepreneurs lead our economy forward or will we become a country where a handful of monopolists get to dictate who gets a chance to succeed?” Klobuchar said. Statement follows below:...

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