SB 1074: Wiener & Tan's BASED Act
California News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
State Senator Scott Wiener and Y Combinator CEO Garry Tan introduce the BASED Act, aiming to stop tech giants from favoring their own products. This comes as concerns grow over self-preferencing practices at companies like Apple, Google, Meta, and Amazon. Supporters argue it levels the playing field for smaller firms and startups, preserving the open web. However, challenges loom large, with Governor Gavin Newsoms ties to Silicon Valley donors raising doubts about passage. If it passes, the bill could benefit consumers and entrepreneurs by building trust in fair markets and curbing scams.
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