![]() Thirty-nine Republicans voted for the bill, while 168 opposed it. Advocates say that would reduce the ability of tech firms to make sure the lawsuits are heard by pro-Tech judges. It would also let state attorneys general choose the venue for antitrust lawsuits. Companies seeking smaller mergers would pay lower fees. The bill would raise money for the Justice Department’s antitrust division, which is led by Big Tech antagonist Jonathan Kanter, by upping the fees that large companies have to pay when they seek government approval for mergers and acquisitions. Zoe Lofgren, who represents a California district that includes Silicon Valley. Getty Imagesĭemocrats who opposed the bill included Rep. Ken Buck (R-Colo.), a sponsor of the bill, praised its passage as a “great victory for restoring competition!” Getty Images Republican opposition to the bill was led by Rep. “This bill would actually give $140 million to the DOJ so they can work and continue what they’re already doing: work with big tech to censor certain information from getting to we the people,” Jordan said ahead of Thursday’s vote. Jim Jordan of Ohio, who blasted the bill for giving more money to what he claimed is a corrupt Justice Department. The Republican opposition was led by influential Rep. APĭemocrats voted 203-16 in favor of the bill, while the measure received support from 39 Republicans, compared with 168 who opposed it. The bill sailed through the House despite opposition from Big Tech-backed groups including the US Chamber of Commerce, which argued that the legislation would “stymie legitimate business transactions across sectors and industries, create needless new bureaucracy, and spur unwarranted litigation.” The Google-backed US Chamber of Commerce tried to rally members of Congress against the bill. ![]() Ken Buck (R-Colo.), a sponsor of the bill, praised its passage as a “great victory for restoring competition!” The bills, which now head to the Senate, would arm the Justice Department’s antitrust division with more funding, strengthen the hand of state attorneys general when they bring lawsuits against Big Tech firms - and require firms engaged in mergers and acquisitions to disclose any ties to US adversaries.īackers of the Merger Filing Fee Modernization Act praised the bill as a much-needed boost for underfunded anti-monopoly regulators. The House passed bipartisan antitrust legislation on Thursday to give state and federal regulators more power to tackle monopoly cases, despite opposition from Big Tech firms like Google and Amazon. How New York voters could help GOP regain control of the House & other races to watch as early voting startsĭems pump $6.3M more into New York and New Jersey congressional races House Democratic aide fired for allegedly working with Chinese EmbassyĮx-White House press secretary admits Dems ‘fearful’ over midterms
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