A Congressional bill wants to prohibit mergers worth more than $5 billion.
The law also seeks to establish processes that will empower antitrust officials to break up problematic deals that have damaged competition in the past. Two US senators have presented legislation to prohibit mergers and acquisitions valued at more than $5 billion, a move that is expected to have the greatest impact on the technology industry. Senator Elizabeth Warren and Representative Mondaire Jones submitted bipartisan legislation to combat rampant industry consolidation, which allows firms to...
Elizabeth Warren Mondaire Jones Department Of Justice Representative Mondaire Jones Warren And Anticompetitive Mergers
Source: techstory.in