But it’s running out of time.
“The hazard is that you’re coming out of this year with nothing,” he said.
The prospects for robust legislation for privacy or for the regulation of digital platforms diminishes greatly."
Here’s a quick look at the bills Congress is considering and what’s holding them up.
Antitrust: Waiting on Chuck Schumer
Two pieces of antitrust legislation are teed up for Senate votes.
If passed and signed into law, the legislation would mark themost meaningful change to antitrust law in decades.
TheAmerican Innovation and Choice Online Act, which was introduced last October by Sens.
TheOpen App Markets Act, introduced in February by Sens.
Both bills have been passed by the House on a bipartisan basis.
This includes Schumer’s daughters who work as a marketing manager at Meta and a registered lobbyist for Amazon.
CEOs from the big tech companies have also beencontacting members of Congress directlyto urge them to oppose the legislation.
Google CEO Sundar Pichai reportedly talked to Schumer last week during a visit to Washington.
Amazon CEO Andy Jassy has also made calls to Schumer and other lawmakers,Politico reported.
Apple CEO Tim Cook also visited Washington in June.
“We’ll continue to engage on issues relevant to people and businesses using our products.”
Apple did not previously respond to a request for comment.
Privacy: Key senate hold outs could kill it.
For decades, Congress has tried and failed to pass a comprehensive consumer data privacy law.
Democrats and Republicans have also argued over consumers' right to sue companies directly.
“It’s been an obvious need to establish an overarching national regime.
