By Ashley Gold, Margaret Harding McGill
Drafts of bills about tech competition and antitrust, likely to be introduced by leaders of the House Judiciary antitrust subcommittee soon, are circulating among Washington policy circles.
Why it matters: When the bills are formally introduced, it will be the next step in the subcommittee’s antitrust investigation, which last year resulted in a sweeping report (along with a separate report from ranking antitrust member Rep. Ken Buck of Colorado) recommending changes to antitrust law to better keep up with the digital age.
Details: Five draft bills obtained by Axios address interoperability, self-preferencing a company’s own services and features, an update to merger fees and more money for the Federal Trade Commission and Department of Justice, limiting Big Tech acquisitions and separating platforms from sellers.