By Lauren Feiner, CNBC
Policy advocates who have been pushing for new legislation reining in Big Tech’s power have seen their hopes lifted and shattered several times throughout the past few months.
Last week marked one of the brighter notes for those supporting the push for new antitrust laws, when the House passed a package of bills giving enforcers more resources to go after anti-competitive mergers and giving state attorneys general more power over in which courts they can bring antitrust lawsuits.
While the legislation that passed 242-184 is less ambitious in scope than some of the more sweeping proposals making their way through both chambers of Congress, it is cause for hope, according to a new memo from the Tech Oversight Project, a nonprofit that advocates for antitrust reform.