U.S Senate Takes Aim at Big Tech Tuesday, February 9, 2021
Hard on the heels of the muckle of anti-trust filings against the huge U.S. technology companies in the past few months, the United States Senate indicates that clamping down on Big Tech will be a priority for the new majority. A bill submitted last week sketched a new direction in anti-trust law aimed squarely at the Silicon Valley and Seattle corporate giants.
Senator Amy Klobuchar, who is preparing to publish a book this Spring on anti-trust and regulation of the technology industry called “Antitrust: Taking on Monopoly Power From the Gilded Age to the Digital Age,” has just taken her seat as chair of the Senate Judiciary Committee’s Anti-Trust Subcommittee, and prepared to enact her agenda. She plans to introduce a bill directed at limiting corporate monopoly power across the economy, with special inspiration from recent behavior of tech companies. According to the New York Times, the bill includes
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Klobuchar antitrust proposal and Hawley ban on mergers up ante for social media companies Sens. Amy Klobuchar (D., Minn.) and Josh Hawley (R., Mo.) / Getty Images
February 4, 2021 1:20 PM
A new bill introduced by Senator Amy Klobuchar (D., Minn.) would radically revamp government antitrust regulation and enforcement, signaling increased willingness by Democratic lawmakers to take on big tech companies.
The Competition and Antitrust Law Enforcement Reform Act combines a bevy of reforms that would give new tools to antitrust regulators and change underlying legal standards for determining that a proposed merger would harm competition. The legislation would make it significantly easier to bring anti-monopoly tools to bear against social media platforms.
Senator Klobuchar to Write Antitrust Book
The Minnesota Democrat and former presidential candidate said her book would call for reform in how the United States treats monopolies and competition.
Senator Amy Klobuchar’s book, “Antitrust: Taking on Monopoly Power From the Gilded Age to the Digital Age,” is slated for release in April.Credit.Travis Dove for The New York Times
Jan. 11, 2021
Alfred A. Knopf announced on Monday that Senator Amy Klobuchar, a Minnesota Democrat and former presidential candidate, will write about monopolies and her recommendations for how they should be challenged in a book slated for release in April.