Klobuchar to Propose Anti-Monopoly Bill to Tame Tech Giants
Photographer: Ken Cedeno/UPI/Bloomberg
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Democratic Senator Amy Klobuchar, who is expected to lead a Senate subcommittee on antitrust law, plans to introduce a bill to limit corporate monopoly power with a focus on technology firms.
The bill, which could come within weeks, would place limits on the ability of giant corporations to gobble up smaller competitors, especially so-called “maverick” firms that offer better products and services to consumers, a spokeswoman said.