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Writer's pictureJessica Scipio

House overrides Big Tech to pass anti-monopoly legislation

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The House passed bipartisan antitrust legislation on Thursday to give state and federal regulators more power to tackle monopoly cases, despite opposition from Big Tech firms like Google and Amazon.


The bills, which now head to the Senate, would arm the Justice Department’s antitrust division with more funding, strengthen the hand of state attorneys general when they bring lawsuits against Big Tech firms — and require firms engaged in mergers and acquisitions to disclose any ties to US adversaries.


Backers of the Merger Filing Fee Modernization Act praised the bill as a much-needed boost for underfunded anti-monopoly regulators.

Rep. Ken Buck (R-Colo.), a sponsor of the bill, praised its passage as a “great victory for restoring competition!”


The bill sailed through the House despite opposition from Big Tech-backed groups including the US Chamber of Commerce, which argued that the legislation would “stymie legitimate business transactions across sectors and industries, create needless new bureaucracy, and spur unwarranted litigation.”


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