Lawmakers approve Big Tech antitrust overhaul, but with strings attached

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Lawmakers approve Big Tech antitrust overhaul, but with strings attached
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The bill could face major changes before it hits the floor

Congress is one step closer to actualizing transformative antitrust reform for the tech industry after sending their most viable bill to the Senate floor.

Specifically, Apple’s security concerns relate to language in the bill that the company fears would allow iPhone and iPad users to download apps outside of the App Store. Powderly argued this provision could harm users who could download unscreened and potentially harmful software to their devices. If enacted, the bill would make it difficult for Apple to collect its sometimes 30 percent commissions from developers on App Store purchases.

“Lawmakers should stop this backroom wheeling-and-dealing and instead take the input of economists, experts, and businesses to better understand the impact of this rushed legislation,” Carl Szabo, NetChoice’s vice president and general counsel, said in a statement after Thursday’s vote. “The abuses of Big Tech are such that I am happy to unleash the trial lawyers,” Cruz said during Thursday’s markup.

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