Senator's Bill Would Ban M&A by Five Largest U.S. Tech Companies

U.S. Senator Josh Hawley, a Republican who has been a staunch critic of Big Tech, said he has introduced a bill that would ban all mergers and acquisitions by any company with a market value greater $100 billion, a category that includes the five biggest U.S. tech companies. Hawley, who accuses the biggest social media companies of stifling conservative voices, also criticized other sectors, like pharmaceuticals, which he said were too concentrated and held too much market power.