Author: Adi Robertson
Photo by Zach Gibson/Getty Images
Congress is maintaining a push for more antitrust enforcement — including new legislation and a hearing where members excoriated Google and Amazon. Today, the Senate Judiciary Committee met to discuss tech companies unfairly favoring their own products. And Sen. Amy Klobuchar (D-MN) announced a bill to limit “exclusionary conduct” where a big company locks out smaller competitors, among other changes to antitrust law.
Klobuchar described her bill, known as the “Anticompetitive Exclusionary Conduct Prevention Act,” as an across-the-board reform. It increases the burden of proof on monopolists to prove they’re not suppressing competition, and it discourages courts from granting immunity from antitrust enforcement. “We have a major monopoly...
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Congress is maintaining a push for more antitrust enforcement — including new legislation and a hearing where members excoriated Google and Amazon. Today, the Senate Judiciary Committee met to discuss tech companies unfairly favoring their own products. And Sen. Amy Klobuchar (D-MN) announced a bill to limit “exclusionary conduct” where a big company locks out smaller competitors, among other changes to antitrust law.
Klobuchar described her bill, known as the “Anticompetitive Exclusionary Conduct Prevention Act,” as an across-the-board reform. It increases the burden of proof on monopolists to prove they’re not suppressing competition, and it discourages courts from granting immunity from antitrust enforcement. “We have a major monopoly...
Continue reading…
Continue reading...