The proposed legislation would fundamentally change how companies like Amazon, Apple, Facebook and Google do business.
By contrast, groups supporting the legislation have spent about $193,000, the Journal said.
The spending has mostly been divided among industry trade groups and conservative-leaning groups, the Journal said.
The conservative groups include the Taxpayers Protection Alliance and NetChoice.
Amy Klobuchar, a Democrat from Minnesota, and Chuck Grassley, a Republican from Iowa.
The Senate version advanced earlier this year.
The legislation also has support from US President Joe Biden’s Justice Department as well as the Commerce Department.
They argue that restrictions on these platforms is needed to help ensure that smaller companies can compete.
Alphabet, Amazon and Apple have publicly opposed the legislation.
Last week,Amazon published a blogslamming the proposed legislation.Google published a blogon Tuesday criticizing the bill.
Meta hasn’t taken a public stance on the legislation.
“This legislation does not undermine our national security or American economic competitiveness, far from it.
It strengthens our national security and our competitiveness,” Cicilline said.
Klobuchar said that in spite of the attacks, the bill has the necessary votes to pass the Senate.
“We have momentum despite all the money being spent against us,” she said.
