The state Senate approved the landmark 21st Century Antitrust Act that would create new ways for New York to enforce greater fairness among corporate players while protecting small and medium businesses “who are being suffocated in the modern economy,” according to state Senator Michael Gianaris, who introduced the bill.
The legislation is the first of its kind in the United States that is meant to safeguard consumers by helping to restore free and fair competition across the state while reining in the outsized power of Big Tech like Amazon, Google and other monopolies.
