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Curbing Acquisitions by Large Digital Platforms: Boosting Online Competition

This act aims to increase competition in the digital market by making it harder for large online platforms to acquire smaller companies. This could give citizens access to more innovative services and products, as well as fairer prices, as smaller businesses will have a better chance to grow and compete with tech giants.
Key points
Prohibits acquisitions by large digital platforms if such acquisitions limit competition.
Defines which platforms are covered by the new rules, considering user numbers and market value.
Allows citizens and businesses to sue large platforms for violating these provisions and seek damages.
Strengthens the role of antitrust authorities in overseeing the digital market.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_HR_3826
Sponsor: Rep. Jeffries, Hakeem S. [D-NY-8]
Process start date: 2021-06-11
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Platform Competition and Opportunity Act of 2021

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_3826.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-06-11.

What are the main provisions?

Key points include:

  • Prohibits acquisitions by large digital platforms if such acquisitions limit competition.
  • Defines which platforms are covered by the new rules, considering user numbers and market value.
  • Allows citizens and businesses to sue large platforms for violating these provisions and seek damages.
  • Strengthens the role of antitrust authorities in overseeing the digital market.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Jeffries, Hakeem S. [D-NY-8].

What is the latest detailed status?

The latest detailed status is: Ordered to be Reported (Amended).

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

CATEGORIES

Economy Courts and Law