US: Senate creates bill to limit mergers of large technology companies

Two senators launched a bipartisan bill in USA which seeks to make it more difficult for large companies to technology make acquisitions.

Democratic senator Amy Klobuchar’s office, who chairs the Senate’s competition defense committee, announced this Friday (5) that she and Repuplican Tom Cotton have submitted a bill that targets companies like Alphabet and Facebook.

The text makes it easier for the government to prevent deals that may violate antitrust rules by requiring companies to prove to the courts that the transaction is good for competition.

One project similar, spearof the fur fromputado fromDemocrat Hakeem Jeffries and colleagues, has passed the House Judiciary Committee and is awaiting a vote by the floor.

Traditionally, it is up to the government and its strength from fromcompetition to prove that a particular transaction canfrom cause increase from prices or be illegal for other reasons.

“We are seeing more and more Business who prefer to buy rivals than compete with them,” said Klobuchar.

“It is project bipartisan will put an end to these anti-competitive takeovers by making it harder for dominant digital platforms eliminate competitors.”

Others projects already sought to contain the pofromr from great marketfroms Business from technology. although none fromthey became law, a fromthem, which increases resources for authorityfromy, was approved in the Senate.