U.S. Senator Josh Hawley (R-Mo.), a vocal critic of big tech, said the antitrust lawsuit filed on Tuesday by the Department of Justice against Google has the potential to become the biggest strike against monopoly power since the Microsoft case settled in 2001.
"This new case will be the most significant antitrust case in a generation and certainly since the Microsoft case, and I think it has the potential to be bigger than the Microsoft case because Google is a more powerful platform, a more powerful company than Microsoft was," Hawley told Cheddar's J.D. Durkin on Tuesday.
He agrees with critics of the Microsoft case that it should have gone further, but maintains that it still helped spur the startup boom of the early 2000s.
"People often say, well, it really wasn't that successful, but actually if you look at the surge in tech startups that occurred during and immediately after the Microsoft case, I think you can see that taking on Microsoft had a significant pro-competition, pro-innovation effect," he said.
The senator also stressed that this is a critical moment for antitrust law in the U.S.
"Let's just be honest here, the stakes are high for the Department of Justice," he said. "They need to prosecute this case to the fullest extent of their abilities, and they need to get a win. They need to show that antitrust law still has an important part to play in the 21st century economy, and I believe they'll do that."
The Biden administration has stopped taking mobile app appointments to admit asylum-seekers at a Texas border crossing that connects to a notoriously dangerous Mexican city after advocates warned U.S. authorities that migrants were being targeted there for extortion.
Donald Trump arrived in Florida on Monday ahead of a history-making federal court appearance on dozens of felony charges accusing him of illegally hoarding classified documents and thwarting the Justice Department's efforts to get them back.
The Supreme Court said Monday it won't review North Carolina's decision to stop issuing specialty license plates with the Confederate flag.
The Human Rights Campaign has declared a state of emergency for the lgbtq+ community. The unprecedented move comes after the passage of more than 75 anti-gay bills this year alone. Here with more is Cheddar News senior reporter Chloe Aiello.
President Joe Biden welcomed hundreds to the White House on Saturday for a delayed Pride Month celebration aimed at showing LGBTQ+ people that his administration has their back at a time when advocates are warning of a spike in discriminatory legislation, particularly aimed at the transgender community, sweeping through statehouses.
Silvio Berlusconi, the boastful billionaire media mogul who was Italy’s longest-serving premier despite scandals over his sex-fueled parties and allegations of corruption, died Monday. He was 86.
“Any consumer can tell you that online airline bookings are confusing enough," said William McGee, an aviation expert at the American Economic Liberties Project. "The last thing we need is to roll back an existing protection that provides effective transparency.”
Cheddar News checks in to see what to look out for Next Week on the Street as former president Donald Trump makes an appearance in federal court after being indicted. Investors will also keep an eye on the Federal Reserve meeting to see what comes out of that while earnings continue to pour in.
U.S. Vice President Kamala Harris announced Thursday that the U.S. is investing more than $100 million in the Caribbean region to crack down on weapons trafficking, help alleviate Haiti’s humanitarian crisis and support climate change initiatives.
It is arguably the most perilous of multiple legal threats against the former president as he seeks to reclaim the White House.
