Win For Apple, Amazon, Google? Jim Jordan's Potential House Speakership Bid Could Pause Tech Antitrust Legislation
Portfolio Pulse from Benzinga Neuro
Rep. Jim Jordan's potential win in the upcoming House Speaker vote could delay major tech antitrust legislation, benefiting tech giants like Google, Amazon, and Apple. Jordan has opposed bipartisan efforts to use antitrust legislation to break up tech companies. If elected, this could bring relief to these tech companies who have been under scrutiny for potential illegal monopolies.
October 17, 2023 | 3:32 am
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POSITIVE IMPACT
Apple could benefit from a delay in tech antitrust legislation if Jim Jordan wins the House Speaker vote.
Apple has been under scrutiny for potential illegal monopolies. A delay in antitrust legislation could provide relief and positively impact the stock.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Amazon could benefit from a delay in tech antitrust legislation if Jim Jordan wins the House Speaker vote.
Amazon has been under scrutiny for potential illegal monopolies. A delay in antitrust legislation could provide relief and positively impact the stock.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Google could benefit from a delay in tech antitrust legislation if Jim Jordan wins the House Speaker vote.
Google has been under scrutiny for potential illegal monopolies. A delay in antitrust legislation could provide relief and positively impact the stock.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Meta could benefit from a delay in tech antitrust legislation if Jim Jordan wins the House Speaker vote.
Meta has been under scrutiny for potential illegal monopolies. A delay in antitrust legislation could provide relief and positively impact the stock.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80