The House passed a bipartisan antitrust measure giving states greater power concerning tech company issues.
Those proposals have languished for months, giving the companies time for vigorous lobbying campaigns against them.
The bill would give states an upper hand over companies in choosing the location of courts that decide federal antitrust cases. Proponents say this change would avert the "home-court advantage" that Big Tech companies enjoy in federal court in Northern California, where many of the cases are tried and many of the companies are based.worth $500 million or more, while reducing the fees for small and medium-sized transactions.
The legislation drew fierce opposition from conservative Republicans, who objected to the proposed revenue increase for the antitrust regulators, arguing there has been brazen overreach by the FTC under President Biden. Rep. Tom McClintock, R-Calif., described the FTC's leader, Lina Khan, as a "a radical leftist seeking to replace consumers' decisions with her own."
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