Antitrust reform bill could see Apple fined 15% of its annual revenue

A new antitrust reform bill put forward by the chair of the Senate Judiciary Subcommittee on antitrust matters could see Apple and other tech giants fined up to 15% of their annual revenues.

Democratic Sen. Amy Klobuchar has unveiled the Competition and Antitrust Law Enforcement Reform Act of 2021, which also provides increased funding to the DOJ and FTC to carry out antitrust investigations …

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