The Big Tech Hearing Proved Congress Isn’t Messing Around

Lawfully speaking, this is damning stuff. The Clayton Act of 1914, the most important federal antitrust statute, explicitly prohibits company acquisitions if “the outcome of this sort of acquisition may perhaps be substantially to reduce competitors, or to have a tendency to generate a monopoly.” As Jerrold Nadler, the chairman of the Household Judiciary Committee of which the antitrust subcommittee is a element, set it, referring to the Instagram deal, “This is specific the style of anti-competitive acquisition that the antitrust laws had been intended to protect against.” (Zuckerberg, for his element, pointed out the right way that the Federal

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Congress Needs to Get Its Act Together on the Coronavirus

Last night, immediately after Donald Trump’s head-scratching Oval Office environment tackle about the novel coronavirus, the nation’s money was strike with yet another piece of disquieting information: a staffer for Washington senator Maria Cantwell had tested optimistic for the virus. It was rarely the optimum-profile new scenario to arise yesterday—that would be Tom Hanks or NBA players Donovan Mitchell and Rudy Gobert choose your pick—but it could prove to be the most consequential. Unlike pro athletes, the common member of Congress is very old—especially senators, practically fifty percent of whom are 65 and up. And their every day schedule involves

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