U.S. Senate bill would limit big tech mergers


FILE PHOTO The Amazon logo is seen outside its JFK8 distribution center in Staten Island New York U.S. November 25 2020.  REUTERSBrendan McDermidFile Photo

FILE PHOTO: The Amazon logo is seen outside its JFK8 distribution center in Staten Island, New York, U.S. November 25, 2020. REUTERS/Brendan McDermid/File Photo

WASHINGTON (Reuters) -Two U.S. senators have introduced bipartisan legislation that seeks to make it harder for Amazon.com and other tech giants to make acquisitions.

The office of Senator Amy Klobuchar, a Democrat who chairs the Senate Judiciary Committee's antitrust panel, said on Friday that she and Republican Tom Cotton had introduced a bill targeting such companies as Alphabet's Google and Facebook.

Subscribe now and stand a chance to win prizes worth over RM40,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.


Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Others Also Read


All Headlines:

Want to listen to full audio?

Unlock unlimited access to enjoy personalise features on the TheStar.com.my

Already a subscriber? Log In