Hawley Unveils “Trust-Busting” Plan To Take On Big Tech, Giant Corporations

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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.

From Axios:

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?

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