U.S. senator wants to ban Big Tech from buying anything ever again
The HinduSenator Josh Hawley, a Republican who has been a staunch critic of Big Tech, said on Monday he has introduced a bill that would ban all mergers and acquisitions by any company with a market value greater $100 billion, a category that includes the five biggest U.S. tech companies. Hawley, who accuses the biggest social media companies of stifling conservative voices, also criticised other sectors, like pharmaceuticals, which he said were too concentrated and held too much market power. Hawley's bill tackles some of the same problems as an antitrust bill introduced by Democratic Senator Amy Klobuchar in February, and contains some similar measures. Hawley was also asked if he would support tech critic Lina Khan, a progressive who has been nominated to be a commissioner on the Federal Trade Commission, which works with the Justice Department to enforce antitrust law.
History of this topic
Big Tech Anti-Trust Bill Has Votes Needed to Pass, Says US Lawmaker
News 18Big Tech to face another bipartisan U.S. antitrust bill
The Hindu
House panel pushes legislation targeting Big Tech’s power
Associated Press
U.S. House lawmakers introduce bipartisan bills to target Big Tech
The Hindu
US senator wants to ban Big Tech from buying anything ever again
India TodayDiscover Related
)
)
