U.S. Senators Amy Klobuchar and Richard Blumenthal introduced legislation 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’s office said in a statement.
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