microsoft fine

John Lister's picture

Tech Giants Could Face Massive Fines

A proposed law would dramatically increase maximum fines that can be imposed on companies that break monopoly rules. Tech firms would be among the most likely to be affected in the admittedly unlikely event the law was enacted. The proposed bill ... would be known as the Monopolization Deterrence Act of 2019. It's designed to change the current system by which the maximum penalty for violating the main US antitrust law, the Sherman Act, is $10 million. That applies regardless of the size of the company or companies involved. Critics say such penalties are little deterrent to major companies, ... (view more)

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