03-08-2019 00:36 via feedproxy.google.com

U.S. Senate Democrats seek ‘serious’ fines for antitrust violations by big tech

Bryan Pietsch for Reuters:U.S. Senators Amy Klobuchar and Richard Blumenthal introduced legislation on Friday to allow harsher penalties for companies that violate antitrust law, following a Justice Department probe into alleged anticompetitive behavior by big tech.
The “Monopolization Deterrence Act” by the Democratic senators would allow the Justice Department and the Federal Trade Commission to seek civil penalties for monopolization offenses under U.S. antitrust law, Klobuchar&rs
Read more »