Sunday, May 22, 2022

U.S._ Bipartisan bill targets near-total control of online advertising by Facebook, Google

THE WASHINGTON TIMES

Bipartisan bill targets near-total control of online advertising by Facebook, Google


In this April 14, 2020, file photo, the thumbs up Like logo is shown on a sign at Facebook headquarters in Menlo Park, Calif. A new bill before Congress titled the Competition and Transparency in Digital Advertising Act would restore ... more >


By Susan Ferrechio - The Washington Times - Updated: 4:56 p.m. on Sunday, May 22, 2022



Congressional lawmakers accusing Google and Facebook of profiteering off their market dominance have proposed legislation to break the tech giants’ monopoly over digital advertising.

The Competition and Transparency in Digital Advertising Act has been introduced in the House and Senate. Proponents say it would restore and protect fair competition in digital advertising markets dominated by Google and Facebook.

In a statement introducing the bill, Sen. Mike Lee, Utah Republican and chief sponsor, said the bill would free the internet from online monopolies.

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READ MORE: https://www.washingtontimes.com/news/2022/may/21/bipartisan-bill-targets-near-total-control-online-/

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