Three US lawmakers active in tech issues will introduce a bill requiring social networks like Facebook to allow users to pack up their data and go elsewhere, Senator Mark Warner’s office said in a statement on Tuesday, October 22.
The senators, Republican Josh Hawley and Democrats Mark Warner and Richard Blumenthal, are introducing the bill at a time when there is growing concern that Facebook—along with Alphabet’s Google—have become so powerful that smaller rivals are unable to lure away their users, reported Reuters.
The bill would require communications platforms with more than 100 million monthly active members—Facebook has more than two billion—to allow its users to easily move, or port, their data to another network.
The idea, which is already part of European law, has the support of Representative David Cicilline, a Democrat who leads the House Judiciary Committee’s antitrust subcommittee.
Data portability has been promoted in the past as giving consumers the power to move their data, which could spur the growth of social media alternatives that offer features such as greater privacy or less advertising.
Full Content: Reuters
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
FCC Set to Reinstate Net Neutrality Rules Today
Apr 25, 2024 by
CPI
Chamber of Commerce Sues to Overturn FTC Non-Compete Ban
Apr 24, 2024 by
CPI
FTC Chief Warns of Healthcare Price Fixing Risks Amid Tech Advancements
Apr 24, 2024 by
CPI
Amazon’s Investment in Anthropic Faces Antitrust Scrutiny
Apr 24, 2024 by
CPI
Italian Antitrust Authority Fines Amazon €10 Million for Unfair Trade Practices
Apr 24, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI