Amazon.com Inc has razed down a bill in Congress that sought to prevent tech giants from giving preference to their own businesses on their websites.
Amazon.com said the bill unfairly singles the retailer out as it rivals are not not subjected to similar regulations.
The Senate could vote on the bill as early as this month, according to media reports.
The Senate Judiciary Committee passed the bill in January. The bill had also been passed by the House Judiciary Committee last year.
Amazon said the bill ruins its selling propositions: “the vast selection and low prices made possible by opening our store to third-party selling partners, and the promise of fast, free shipping through Amazon Prime.”
Amazon argued the bill only targets one retailer, Amazon, by requiring a market value of at least $550 billion to qualify for regulation and that rivals like Walmart, Target and CVS were excluded.
Senators Amy Klobuchar and Chuck Grassley, who co-sponsored the measure called the American Innovation and Choice Online Act, say the measure is necessary to protect small businesses.
The bill has received the backing of small business groups such as the Main Street Alliance and Small Business Rising.
Amazon argued the bill could harm the hundreds of thousands of small businesses that sell goods on its website as its large fines for violations “would make it difficult to justify the risk of Amazon offering a marketplace in which selling partners can participate.”
