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US Senate bill would limit big tech mergers

Illustration from file images

Bill would require companies to prove to a judge that deals are good for competition

Reuters

Two U.S. senators have introduced bipartisan legislation that seeks to make it harder for Amazon.com and other tech giants to make acquisitions.

The office of Senator Amy Klobuchar, a Democrat who chairs the Senate Judiciary Committee’s antitrust panel, said on Friday that she and Republican Tom Cotton had introduced a bill targeting such companies as Alphabet’s Google and Facebook.

Click the link below to read the rest of this story.

https://www.foxbusiness.com/technology/u-s-senate-bill-would-limit-big-tech-mergers

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