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Someone in the GOP is finally taking on Big Tech.
GOP Senator Josh Hawley (R-MO) unveiled his trust-busting plan to cut big tech and mega corporations down to size.
It’s time for a new era of trust busting. I’m introducing legislation to cut #BigTech and the mega corporations down to size https://t.co/WcXaZpO90E
— Josh Hawley (@HawleyMO) April 12, 2021
Ban mergers and acquisitions by firms with a market cap over $100 billion
Lower the threshold for prosecution under existing federal antitrust laws, replacing the prevalent “consumer harm” standard with one that emphasizes “the protection of competition”
Require companies that lose federal antitrust lawsuits to “forfeit all their profits resulting from monopolistic conduct”
Give the Federal Trade Commission new power to designate and regulate “dominant digital firms” in different online markets
Will anyone else in the GOP stand with Hawley?
The Palmieri Report is a Pro-America News Outlet founded by Jacob Palmieri four years ago at the age of 19. Since its founding, it has gotten over 2M pages views and over 20k followers. The Palmieri Report is dedicated to giving people the truth so that they can form their own informed political opinions.
