Sen. Hawley introduces bill meant to break up big business
Missouri Republican reveals his proposed legislation on 'Tucker Carlson Tonight'
Sen. Josh Hawley, R-Mo., unveiled new legislation to bust up corporate control over politics and restore power in American hands telling "Tucker Carlson Tonight" on Monday that his plan will break up Big Tech and permit "tough new penalties" on companies that attempt to disobey trust laws.
Hawley: No corporation should be so big and so powerful that it can control the political process, that it can override the will of the voters. And that's exactly what today's mega-corporations who’ve gotten big and fat with the help of government, what they're trying to do.
So here's what my plan would do. First of all, it would break up the big tech companies, make them spin-off their various parts. For instance, Amazon should not be able to have the dominant e-commerce platform and also control the cloud. It would break up the big corporations. No more mergers and acquisitions by the biggest companies in America, don't allow the big banks to get any bigger. Tough new penalties for corporations that violate our trust laws and also a new ability for prosecutors to go after these trusts. And at the end of the day… a new focus for antitrust law, which is this -- It ought to be about promoting competition. Freedom is protected when there's competition, not when there's monopoly.
Fox News First
Get all the stories you need-to-know from the most powerful name in news delivered first thing every morning to your inbox.
By entering your email and clicking the Subscribe button, you agree to the Fox News Privacy Policy and Terms of Use, and agree to receive content and promotional communications from Fox News. You understand that you can opt-out at any time.