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Senators Schmitt, Klobuchar Introduce Bipartisan Bill to Protect Americans from Harmful ...
Senators Schmitt and Klobuchar introduced the bipartisan SEARCH Act to prevent dominant search engines from blocking competitors through exclusive default agreements and to require data sharing. The bill codifies remedies sought in the Justice Department's antitrust case against Google and addresses the court's finding that Google illegally maintained its search monopoly.
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The Wire takeaway
If you build search or discovery tools, Congress is now legislating the default-payment game out of existence—Google's primary moat just became illegal to maintain. You have a narrow window to build scale before this passes and the market actually fragments.
Read the full story at schmitt.senate.gov →
Topics: Enterprise Software · antitrust · search-competition · google-monopoly · data-portability · default-search