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Feb. 4, 2021, 12:59 p.m. EST

Sen. Klobuchar introduces antitrust bill that would challenge big tech mergers

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By Jon Swartz

Sen. Amy Klobuchar (D., Minn.) on Thursday introduced a bill that would make it easier for the Justice Department and Federal Trade Commission to challenge tech mergers while also giving both agencies more money for staff. An aide for the newly-named chair of the Antitrust Subcommittee said the legislation won't single out big tech companies like Apple Inc. /zigman2/quotes/202934861/composite AAPL -0.28% , Alphabet Inc. /zigman2/quotes/202490156/composite GOOGL +0.08% /zigman2/quotes/205453964/composite GOOG +0.05% , Amazon.com Inc. /zigman2/quotes/210331248/composite AMZN -0.02% and Facebook Inc. /zigman2/quotes/205064656/composite FB +0.22% already under investigation for their business practices. Every deal will be subject to the new standard, which conceivably would impact the entire tech industry.

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US : U.S.: Nasdaq
$ 133.12
-0.38 -0.28%
Volume: 11.02M
April 22, 2021 10:14a
P/E Ratio
35.95
Dividend Yield
0.62%
Market Cap
$2241.21 billion
Rev. per Employee
$1.86M
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/zigman2/quotes/202490156/composite
US : U.S.: Nasdaq
$ 2,280.27
+1.91 +0.08%
Volume: 121,974
April 22, 2021 10:14a
P/E Ratio
38.87
Dividend Yield
N/A
Market Cap
$1540.81 billion
Rev. per Employee
$1.35M
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/zigman2/quotes/205453964/composite
US : U.S.: Nasdaq
$ 2,294.40
+1.11 +0.05%
Volume: 125,931
April 22, 2021 10:13a
P/E Ratio
39.13
Dividend Yield
N/A
Market Cap
$1540.81 billion
Rev. per Employee
$1.35M
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/zigman2/quotes/210331248/composite
US : U.S.: Nasdaq
$ 3,361.47
-0.55 -0.02%
Volume: 366,866
April 22, 2021 10:13a
P/E Ratio
80.57
Dividend Yield
N/A
Market Cap
$1694.85 billion
Rev. per Employee
$297,430
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/zigman2/quotes/205064656/composite
US : U.S.: Nasdaq
$ 302.12
+0.65 +0.22%
Volume: 2.42M
April 22, 2021 10:14a
P/E Ratio
29.92
Dividend Yield
N/A
Market Cap
$857.09 billion
Rev. per Employee
$1.47M
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