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 U.S. Department of Agriculture announced a nearly $11 billion investment on Tuesday to help bring affordable clean energy to rural communities throughout the country.
Top executives at Silicon Valley Bank and Signature Bank largely avoided taking responsibility for their banks’ dramatic failures at a Senate hearing Tuesday.
The head of the artificial intelligence company that makes ChatGPT will testify before Congress as lawmakers call for new rules to guide the rapid development of AI technology.
Florida Gov. Ron DeSantis on Monday signed a bill that blocks public colleges from using federal or state funding on diversity programs, addressing a concern of conservatives ahead of the Republican governor's expected presidential candidacy.
A special prosecutor found that the FBI rushed into its investigation of ties between Russia and Donald Trump's 2016 campaign and relied too much on raw and unconfirmed intelligence as he concluded a four-year probe that fell far short of the former president's prediction that the “crime of the century" would be uncovered.
North Carolina Gov. Roy Cooper vetoed a bill passed by state lawmakers that would ban most abortions after 12 weeks.
U.S. Rep. Gerry Connolly of Virginia says a man with a baseball bat walked into his Fairfax office, asked for him, and then assaulted two members of his staff.
Thanks to recent advances in artificial intelligence, tools that can create lifelike photos, video and audio are now cheap and readily available.
In front of an exuberant crowd, North Carolina’s Democratic governor vetoed legislation Saturday that would have banned nearly all abortions in his state after 12 weeks of pregnancy.
Turkey’s presidential elections appeared to be heading toward a second-round runoff on Monday, with President Recep Tayyip Erdogan, who has ruled his country with a firm grip for 20 years, leading over his chief challenger, but falling short of the votes needed for an outright win.
