Sens. Amy Klobuchar (D-Minn.) and Tom Cotton (R-Ark.) introduced legislation that would make it easier for regulators to block large tech companies from buying up rivals or nascent competitors, the latest display of the bipartisan push in Congress to rein in the tech industry. The Platform Competition and Opportunity Act takes aim at large tech giants’ strategy of gaining dominance through buying other companies, which has become a growing concern of Washington lawmakers and regulators.
Read the article: The Washington Post
