Menu Search Account

LegiStorm

Get LegiStorm App Visit Product Demo Website
» Get LegiStorm App
» Get LegiStorm Pro Free Demo

H.R. 3825, Ending Platform Monopolies Act (CBO Report for Congress)

Premium   Download PDF Now (27 pages)
Congress 117th
Date Requested June 24, 2021
Requested By House Committee on the Judiciary
Date Sent Oct. 31, 2022
Description:
The bill would • Prohibit firms that own large online platforms from selling products or services from other lines of business that they own on their platforms, among other restrictions • Require the Federal Trade Commission (FTC) and Department of Justice (DOJ) to designate platforms and supervise and enforce violations • Impose a private-sector mandate on large online platforms by restricting lines of business operations Estimated budgetary effects would mainly stem from • Spending subject to appropriation by the FTC and DOJ to implement the bill’s requirements • Insignificant increases in revenues from additional civil monetary penalty collections

« Return to search CBO reports