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
No specific date for a ceasefire in Ukraine, Trump says.
Witkoff will meet Putin in Moscow next week, Trump says
Trump: The 28-point plan for Ukraine is but a map.
Trump: Ukraine is happy, and Europe will participate in security measures.
Trump says progress is being made in Ukraine.
Al Mayadeen correspondent in Gaza: Israeli airstrikes target eastern Khan Younis.
Maduro: There is no excuse for anyone, civilian, political, military, or police; the homeland demands our utmost effort and sacrifice.
Venezuelan President Nicolas Maduro: Failure is forbidden at this decisive juncture for the existence of the Republic.
Venezuelan Interior Minister: It is very difficult to find a US Secretary of State more “stupid” than Marco Rubio, who thinks that our country would surrender.
UNCTAD: The situation in the Palestinian territories is unfolding within a context of overall economic and institutional fragility and is leading to serious social and environmental consequences

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

Inside the Epstein-Rothschild web behind 'Israel’s' spy tech empire

Inside the Epstein-Rothschild web behind 'Israel’s' spy tech empire

  • Politics
  • 19 Nov 2025
Hezbollah announces the martyrdom of Haitham al-Tabatabai

Hezbollah announces the martyrdom of commander Haitham Tabatabai

  • West Asia
  • 23 Nov 2025
Democracy at the civilizational crossroads: Critical analysis of bourgeois Democracy, its alternatives

Democracy at the civilizational crossroads: Critical analysis of bourgeois Democracy, its alternatives

  • Analysis
  • 19 Nov 2025
Hezbollah publishes biography of martyred leader Haitham al-Tabatabai

Hezbollah publishes biography of martyred leader Haitham Tabatabai

  • Politics
  • 23 Nov 2025

Coverage

All
In Five

Read Next

All
A French UN peacekeeper stands beside an armored vehicle at his base, waiting to move with his unit for a patrol along the Lebanese-Israeli border in Deir Kifa, southern Lebanon, Wednesday, August 20, 2025 (AP)
Politics

UNIFIL: Israeli wall crosses Blue Line, seizes land in Lebanon

President Donald Trump and Saudi Arabia's Crown Prince Mohammed bin Salman are seated for a dinner in the East Room of the White House, Tuesday, Nov. 18, 2025, in Washington. (AP Photo/Alex Brandon)
Politics

MBS resisted Trump's push for 'Israel' deal during last meeting: Axios

Hezbollah fighters carry the coffin of Hezbollah Chief of Staff Haytham Tabtabai during his funeral procession in the southern suburb of Beirut, Lebanon, Monday, November 24, 2025 (AP)
Politics

Ansar Allah leader mourns Hezbollah commander al-Tabatabai

Bodies of unidentified Palestinians returned from the occupied Palestinian territories as part of the ceasefire deal are buried in Deir al-Balah, Gaza Strip, Sunday, November 23, 2025 (AP)
Politics

Study: Gaza life expectancy cut nearly in half, over 100,000 killed

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