Washington, Ta. 24
An important bill was introduced in the US Parliament. US lawmakers have recommended that the bill be passed immediately to curb the monopoly of technology companies. A parliamentary panel then sent the bill to the House of Commons.
An ambitious bill was introduced in the US Parliament to rein in the monopoly of companies like Facebook, Google, Apple, Amazon in the market. The MPs recommended the passage of this important bill at the earliest. Taking advantage of their power and monopoly, American technology companies like Facebook, Google, Apple, Amazon are destroying healthy competition. This hurts many small companies. In such a situation, a bill was introduced in the US Parliament to curb the tendency of companies to monopolize and wrongfully capture the market.
US lawmakers have recommended that the bill be passed as soon as possible. Opposition Republican lawmakers suggested some changes to the language of the bill. He explained the passing of the bill by expressing concern over the situation created by these companies in the online platform.
The House Judiciary Committee of the US Parliament drafted the bill and voted to send it to the House of Representatives. Six members of the committee were in favor of sending the bill to Parliament. Thirteen members voted to block the bill for one reason or the other. The committee sent the bill to Parliament as the vote was in favor of sending the bill.
The lawmakers also proposed giving special powers to state governors to check arbitrariness by technology companies. The lawmakers said monopolies could be avoided if states had the power to act independently against such companies.