Lawmakers unveil bipartisan antitrust reforms that could reshape Big Tech
Amazon, Apple, Facebook and Google could be forced to overhaul their business practices under a new expansive set of antitrust reforms.
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Amazon, Apple, Facebook and Google could be forced to overhaul their business practices under a new expansive set of antitrust reforms.
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To embed, copy and paste the code into your website or blog: On May 13th, the Senate Judiciary Committee approved and sent on to the full Senate the “Merger Filing Fee Modernization Act of 2021.” The Bill, sponsored by Senators Amy Klobuchar and Chuck Grassley, and approved with bipartisan support, would raise the filing fees under the Hart-Scott-Rodino Act for large mergers and would require the fees to be adjusted annually based on changes in the Consumer Price Index. (Currently, the HSR Act’s size-of-person and size-of-transaction tests are adjusted annually, but not the filing fee...