U.S. House approves merger antitrust bill giving states more muscle

[Yo_Mama_Been_Loggin]

Source: Reuters

WASHINGTON (Reuters) -The U.S. House of Representatives on Thursday approved a bill that would sharply raise fees for antitrust reviews of the biggest mergers and strengthen state attorneys general in antitrust fights.

The bipartisan bill, which has yet to pass the U.S. Senate, combines a merger fee bill introduced by Representative Joe Neguse, a Democrat, and a measure to mandate that state attorneys general can pick the venue for antitrust lawsuits, which was introduced by Representative Ken Buck, a Republican.

The bill, which passed the House 242-184, is one of several measures under consideration that would strengthen antitrust enforcers to rein in Big Tech.

One bill would bar Big Tech companies like Alphabet's Google and Amazon.com from preferencing their own products on platforms while another addresses Apple's and Google's clout in their app stores. Hopes are dimming that they will become law this year.

Read more: https://www.msn.com/en-us/news/us/u-s-house-approves-merger-antitrust-bill-giving-states-more-muscle/ar-AA12oOr3

[elleng]

1. Sounds like more 'forum shopping' than usual;

have to study the matter.

[LonePirate]

2. This bill will likely die in the Senate just like so many other bills passed by the House.

I appreciate the House passing mountains of bills that Americans want and need. It's just a shame that almost nothing becomes law unless the Senate passes something for the House to rubber stamp.

[cstanleytech]

3. I have not understood attacking Google for its app store as its

extremely easy to install 3rd party apps including a 3rd party app store without using the Google app store.
Apple on the other hand I can understand as they completely lock out the ability to even install 3rd party apps let alone a 3rd party app store unless you want to try and jailbreak the phone.