Opinion: Antitrust bills threaten California businesses and economy

Opinion: Antitrust bills threaten California businesses and economy

2 years ago
Anonymous $dEyjbtEkMr

https://www.mercurynews.com/2022/01/28/opinion-antitrust-bills-threaten-california-businesses-and-economy/

As many California businesses continue struggling under the pandemic, members of Congress are pushing for antitrust legislation that would break up digital tools and online services that assist small enterprises. While this misguided legislation targets large tech companies, consumers and small businesses will suffer.

The current package of antitrust bills in the House, aimed at a select number of tech companies, would prohibit certain platforms from promoting their products on their own sites, break up integrated services offered by large companies, and prohibit mergers of a certain size.