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High-tech giants challenge industry to challenge New York’s antitrust bill

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Similarly, TechNet, a national trade association, said the bill “endangers the terrifying impact of innovation and the creation of new companies when both need to be promoted.”

But the tech industry hasn’t offered a unified front to Gianaris, which has pledged to open its giants to antitrust proceedings. Yelp representatives have used virtual hearings to blow up industry groups, taking the position of Google, Facebook, Amazon, and Apple over smaller members.

Some of the country’s largest tech companies, such as Google, Amazon, Facebook and Apple, have refused to send representatives or testify, according to Jaanaris.

The most important company to testify was Yelp, a search and review site for companies that spoke favorably about the bill. The company has been fighting Google for years, but Yelp is misdirecting search results to its pages and products, as Yelp’s policy director Luther Lowe said. I think.

Yelp is based in San Francisco, but employs about 700 people in New York, according to Law. He made a persistent criticism of TechNet, especially because he opposed the bill.

“This is the overall fact that large entities such as Google, Amazon, and Facebook can participate in this soft capture by advancing consumer groups that claim to represent consumers, small businesses, and start-ups. I think it’s related to a problem. “,” As far as I can tell, they’re really just sophisticated celestial destruction organizations. “

Washington, DC-based TechNet did not immediately respond to requests for comment on Rowe’s remarks.

Tech: NYC’s name has been excluded from spats, but Rowe’s comments show the individual benefits that the group must balance in responding to the bill. Tech: NYC’s paying members include Google, Facebook and Amazon.

Yelp isn’t a member listed on Tech: NYC, but the group represents other companies that have been blaming tech giants for anti-competitive behavior in recent weeks. Etsy CEO Josh Silverman said last month that Amazon is trying to “clean up” all its competitors by abusing California’s consumer protection legislation. Airbnb reportedly spoke with House lawmakers about the 30% commission that Apple collects for sales through the App Store.

Tech: NYC believes the bill could pose a threat to small start-ups as well. The group acknowledged in testimony that “antitrust law is a serious threat to economic feasibility.” After the pandemic subsides, the message continues, and New York’s economy recovers, the problem should recover.

Attorney General Letitia James, whose office is already leading the antitrust investigation into Facebook, provided support for the bill. A federal court ruling over the past few decades has weakened federal regulators’ ability to take unilateral anti-competitive actions, she said.

“The last serious (antitrust) proceeding was Microsoft’s proceeding almost 20 years ago,” James said. “We have obstacles due to legal restrictions, so it is very important to update the law to reflect the 21st century.”

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