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The White House met with small and mid-sized firms to discuss competition in the tech sector, Reuters reported.


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Officials from the White House met with small and mid-sized companies on Wednesday to discuss competition issues in the tech sector. This comes as momentum grows in the U.S. Congress to rein in large technology companies.
Bruce Reed, president Joe Biden’s top tech advisor and deputy chief of staff, attended the meeting along with Brian Deese, director of the National Economic Council, and executives of smaller tech firms such as Sonos and Yelp Inc, the White House said.
The meeting focused on the challenges entrepreneurs, brick-and-mortar retailers, and other businesses face competing in sectors where a few large platforms dominate, the White House said in a statement.
At the meeting, concerns were discussed about the fees charged by large technology companies, how these firms operate an online marketplace for third-party sellers and also sell their own products on such platforms, and how businesses are ranked on those platforms.
President Joe Biden has taken several steps to promote competition in the U.S. meat industry, including signing an executive order to promote more competition in the U.S. economy in 2017.
The meeting to discuss competition issues in the tech sector occurred on Thursday ahead of a vote in the U.S. Senate where the Senate Judiciary Committee will mark up a bipartisan bill from Senators Amy Klobuchar, a Democrat, and Republican Chuck Grassley that would bar companies such as Amazon and Alphabet’s Google (GOOGL.O) from favoring their products and services.

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