India, April 27 -- Apple Inc. (AAPL) and Google have managed to derail a California bill aimed at reducing the power of big tech platforms.
This proposed legislation, dubbed the "Based Act," was put forward by Scott Wiener and had the support of a coalition of smaller tech companies, consumer advocacy groups, and startup incubator Y Combinator.
The bill aimed to stop major platforms from giving their products an unfair advantage over others, particularly in Apple's App Store and Google's search services.
However, the bill fell apart quickly after a well-organized lobbying effort by major industry groups like the California Chamber of Commerce and Chamber of Progress. Lawmakers were bombarded with messages, ads, and direct outreach warnin...