Biden sees it necessary to deal with problems created by big technology: White House

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By Andrea Shalal

WASHINGTON, Jun 22 (Reuters) – US President Joe Biden believes action is needed to protect privacy, spark more innovation and tackle other problems created by big tech platforms, the White House said Tuesday. , indicating their support for legislation related to said firms.

Biden is encouraged by the bipartisan work going on in Congress to address these issues, the official said, a day before a House committee votes on a package of antitrust bills, including several that they point to the market power of big technologies.

“These platforms have transformed our daily lives and showcase the ingenuity and potential of our country, but they also create real problems for users, small businesses and tech startups,” the White House official said.

“The president believes that we must address the problems these platforms create to protect privacy, generate more innovation and ensure that the great technology companies of the future can emerge and grow here in the United States,” he added.

The House Judiciary Committee will vote Wednesday on a package of six antitrust bills, including two that address the issue of large companies such as Amazon.com Inc and Alphabet Inc’s Google, which create a platform for other companies and then they compete against those same businesses.

The legislation was criticized Tuesday by the US Chamber of Commerce, the nation’s largest business group, which warned it would have “dangerous consequences for the United States.” He said antitrust laws “should not be manipulated against a small number of companies.”

The White House hopes that the bipartisan proposals will advance through the legislative process and looked forward to working with Congress on the issue, the official added.

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(Report by Andrea Shalal, Edited in Spanish by Javier López de Lérida and Manuel Farías)

Article source: https://es-us.finanzas.yahoo.com/

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