DOJ Throws Support Behind New Antitrust Legislation
The Department of Justice has thrown its support behind the American Innovation and Choice Online Act currently in Congress.
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The Department of Justice has thrown its support behind the American Innovation and Choice Online Act currently in Congress.
Apple, Google, and other tech firms' anti-competitive behavior may come to an end because of the new antitrust bill, which the U.S. DOJ finally endorses.
Amy Klobuchar (D-Minn.) and Judiciary Committee Ranking Member Chuck Grassley (R-Iowa) said Thursday they will introduce an antitrust bill.
Speaking of big tech how lawmakers join forces to hash out a bipartisan plan for regulating silicon valley. todd: cheryl casone here with more. >> reporter: the house judiciary committee will vote on a package of 6 antitrust bill several of which target big tech to address giant companies like amazon and google which give a platform to businesses but also compete against them and could force companies to sell parts of their businesses. despite the bipartisan effort congressman jim jordan doubts the democrats commitment to cracking down on big tech. >> this is big tech and big government at the...
Tech monopolies for years. and bipartisan support to do something about it. wear gray though, kevin mccarthy as opposed to this antitrust legislation. how is that, how can that be, here is one potential explanation, kevin mccarthy with top outside advisors, jeff miller. who is jeff miller? a lobbyist for amazon and apple, making a lot of money doing that. financial records say the web services paid is for more than $400,000 in recent years. with amazon web services hosting the entire internet. if they don't like you for political reasons like they didn't like parlor, they turn off the lights a...