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US Senator seeks to ban Big Tech mergers and acquisitions

Tuesday April 13, 2021. 01:05 AM , from AppleInsider
U.S. Senator Josh Hawley (R-MO) on Monday introduced a proposal that would ban companies with a market value of more than $100 billion from conducting mergers and acquisitions.Hawley, a conservative who has stepped up an attack against Big Tech after major platforms were accused of 'censoring' Republican voices, is seeking to bar mergers and buyouts for America's top-performing companies, a list that includes Apple, Amazon, Facebook, Microsoft and Google.Dubbed the 'Trust-Busting for the Twenty-First Century Act,' Hawley's legislation would also bolster existing antitrust laws with steeper penalties and a lower threshold for prosecution, reports Axios. Read more...
https://appleinsider.com/articles/21/04/12/us-senator-seeks-to-ban-big-tech-mergers-and-acquisitions
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