Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Israeli media outlet reports one injury in a shooting targeting a bus at the Tunnels checkpoint in al-Quds
Sayyed Khamenei: In the 12-day war, the Iranian people defeated the Americans and the Zionists without a doubt
Sayyed Khamenei: We must enhance mobilization and pass on its concept to future generations, and I have always advised all government agencies to operate in a mobilization-oriented manner
Sayyed Khamenei: The scientists who were martyred in the 12-day aggression were not involved in the mobilization, but they embodied the true image of being part of the mobilization move
Sayyed Khamenei: The IRGC may be the official side concerned with mobilization, but any zealous group that wants to work for the sake of this country is part of this mobilization
Sayyed Khamenei: The phenomenon of resistance will continue and grow, and the oppressed people of the world will feel that someone supports them and that there is a power that amplifies their voice
Addressing the Iranian nation, Iranian leader Sayyed Ali Khamenei: A country like Iran needs mobilization more than any other country in light of foreign ambitions and interventions [affecting it]
Larijani to Pakistan's HUM TV: We are not seeking to acquire nuclear weapons, but we will continue to seriously develop our peaceful nuclear program
Larijani: Whoever wants to genuinely engage in negotiations does not predetermine the outcome; that is not negotiating
Secretary of Iran's Supreme National Security Council, Ali Larijani: Iran has not and will not abandon genuine negotiations

US Bill Seeking to Rein In Tech Mergers

  • By Al Mayadeen Net
  • Source: Agencies
  • 5 Nov 2021 21:55
3 Min Read

A new bipartisan legislation was introduced with the aim of hindering Amazon and other tech giants’ ability to make major acquisitions.

  • x
  • Will this bill stop the tech companies' rampage?
    Will this bill stop the tech companies' rampage?

Day by day, the world is looking more Orwellian as big tech companies rapidly creep into every facet of our lives in an attempt to control it. The worst part about it is their ability to constantly get larger by swallowing smaller or equally big companies, hence limiting the prospects of competition and free choice.

The possibility of it getting any worse has long cast a looming shadow over US politics, the incubator of the world’s largest tech behemoths, yet policymakers have remained idle.

Now two US senators are introducing a bipartisan legislation aiming to hinder Amazon’s and other tech giants’ ability to make similar acquisitions.

The bill was conceived by two senators, Democrat Amy Klobuchar who heads the Senate Judiciary Committee’s antitrust panel, and Republican Tom Cotton.

If approved, the bill would ease the government’s halting of deals which it believes to be breaking antitrust law, by forcing the big companies, such as Alphabet’s Google and Facebook, to prove in court that these deals are healthy for competition and are thus legal.

Recently, a legislation similar to this one was introduced and has been approved in the House of Representatives Judiciary Committee. Nonetheless, it still lies in wait for a vote by the full House.

Large-scale acquisitions made by tech companies are well-known to smother any form of competition and ensure monopolization of the market, which in turn causes a major hike in prices of specific products or services.

Usually, proving that a particular transaction is illegal for the aforementioned reasons is a task relegated to the government in antitrust enforcement despite its role diminishing due to the overlapping influence of powerful tech lobbyists. 

“This bipartisan legislation will put an end to those anticompetitive acquisitions” Klobuchar stated, “by making it more difficult for dominant digital platforms to eliminate their competitors and enhance the platform's market power.”

The Democratic Senator, along with other Senators, has introduced in October a bill barring Big Tech platforms from putting their products and services ahead of others, although it has to get approved by both houses of Congress in order to become law.

Bills seeking to rein in tech giants’ influence have been thrown around US Senate and Congress for a while now, with none being passed or having a serious impact on their practices which seems outrageous, notably as accusations of misconduct, monopolization, and spreading misinformation against these companies have been piling up recently.

  • Facebook
  • US Congress
  • technology
  • Google
  • US
  • Amazon
  • US Senate

Most Read

Hezbollah announces the martyrdom of Haitham al-Tabatabai

Hezbollah announces the martyrdom of commander Haitham Tabatabai

  • West Asia
  • 23 Nov 2025
Hezbollah publishes biography of martyred leader Haitham al-Tabatabai

Hezbollah publishes biography of martyred leader Haitham Tabatabai

  • Politics
  • 23 Nov 2025
Hezbollah releases the names of the four martyred with Tabatabai

Hezbollah releases the names of the 4 martyred alongside Tabatabai

  • West Asia
  • 24 Nov 2025
A boy tries to stand near missiles displayed in the National Aerospace Park of the Revolutionary Guard, just outside Tehran, Iran, Thursday, Nov. 13, 2025 (AP)

Key Israeli sites destroyed, nuclear docs moved to Tehran: Minister

  • Politics
  • 22 Nov 2025

Coverage

All
In Five

Read Next

All
Turkey
Politics

Turkey: Lebanon-Cyprus maritime deal ignores Turkish Cypriots

US Navy, San Francisco
US & Canada

US Navy withheld plutonium alert from San Francisco for 11 months

India weighs a major expansion of its S-400 fleet, as the Su-57 remains off the table.
Politics

India weighs major expansion of S-400 fleet; Su-57 stays off the table

China warns of rising nuclear risks after Trump announces a testing plan.
Politics

China warns of rising nuclear risks after Trump announces testing plan

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS