How new antitrust bills could hit Amazon, Apple, Facebook and Google

US lawmakers are targeting Big Tech.

Getty Images

Big Tech is a big target. US lawmakers unveiled a slate of five bills last week that are designed to curb what they call the “unregulated power” concentrated in Silicon Valley. The legislation, if passed, would mark the biggest changes to antitrust law in decades. 

Though the legislation would affect all companies, lawmakers clearly had four in mind. Rep. Ken Buck, a Colorado Republican who is the ranking member on the House antitrust subcommittee, wasn’t shy about naming names.

Read more: What proposed antitrust legislation could mean for Big Tech… and you

“Apple, Amazon, Facebook, and Google have prioritized power over innovation and harmed American businesses and consumers in the process,” Buck said in a statement. “These companies have maintained monopoly power in the online marketplace by using a variety…

Read more…