Democrats introduced one of the most dramatic proposed merger review overhauls yet Wednesday, pushing to ban all deals valued at over $5 billion, envisioning the dissolution of all such deals inked in the last 21 years, and giving enforcers a massive financial boost and unilateral power to block transactions.
Big Tech critics in the Senate and Congress are proposing "bold action" to ban any merger deal valued at over $5 billion, with the bill aiming to stop anticompetitive moves, mostly by big tech.