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House Passes Bill Aiming to Counter Dominance of Big Tech

Started by Epoch-Times-Bot, Sep 30, 2022, 12:30 PM

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Epoch-Times-Bot

House Passes Bill Aiming to Counter Dominance of Big Tech

The House on Thursday passed a package of bipartisan antitrust bills that target big technology companies and bring in more funds to federal regulators.
The Merger Filing Fee Modernization Act will update fees for the first time in two decades. The State Antitrust Enforcement Act will grant state officials the same deference as antitrust officials from the federal government with regard to where such cases will be heard. The Foreign Merger Subsidy Disclosure Act will make it mandatory for firms seeking merger approvals to disclose subsidies they receive from foreign nations that are deemed to pose economic or strategic risks to the United States....

Source: House Passes Bill Aiming to Counter Dominance of Big Tech


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