Sens. Elizabeth Warren, D-Mass., and Lindsey Graham, R-S.C., introduced legislation Thursday to establish a new federal regulatory commission made up of presidential nominees to “rein in Big Tech.”
The bill, dubbed the Digital Consumer Protection Commission Act of 2023, seeks to amend the 1914 antitrust law known as the Clayton Act to create “an independent, bipartisan regulator charged with policing the biggest tech platforms, like Facebook, Google, and Amazon, to protect consumers, promote competition, secure Americans’ privacy, guard national security, and prevent harm online.”
The legislation would “empower the commission, along with the Federal Trade Commission and Department of Justice, to enforce violations of the law.” Under the bill, dominant digital platforms would risk losing their license to operate if they repeatedly violate the law.