WASHINGTON—Big tech has launched a media blitz aimed at derailing one of the most ground-breaking bipartisan bills in the U.S. that would bar tech companies, like Amazon.com Inc, from giving preference to their own businesses on their websites.
Amazon lambasted the bill on Wednesday saying in a blog post that the bill “jeopardizes two of the things American consumers love most about Amazon: the vast selection and low prices made possible by opening our store to third-party selling partners, and the promise of fast, free shipping through Amazon Prime.”
It argued the bill targets one retailer, Amazon, by requiring a market value of at least $550 billion to qualify for regulation, thus excluding Walmart and Target….