A new bill being proposed will give the US government greater power to prevent mergers, and potentially penalize companies like Apple for antitrust practices at up to 30% of the income generated from the actions.
Apple, Facebook, and Google have been the target of the Senate Judiciary antitrust subcommittee in recent antitrust investigations. They all make the claim that their businesses are lawful and not monopolies, but the government is fighting back.
Now that the Democratic party has majority control of the House and Senate new bills will be introduced to combat antitrust cases. One new bill introduced by Senator Amy Klobuchar will give the government more power to penalize anti-competitive practices and prevent unlawful mergers.
Read more at AppleInsider.com