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flag California passes the Compete Act to fight anti-competitive practices and curb corporate consolidation.

flag California has introduced the Compete Act, a new antitrust bill aiming to combat anti-competitive practices by updating the state’s 1907 Cartwright Act. flag The legislation, sponsored by Assembly Majority Leader Cecilia Aguiar-Curry, expands the definition of a trust to include combinations of capital, skill, or acts by one or more individuals, potentially broadening enforcement. flag It targets corporate consolidation in industries like streaming and retail, addressing concerns over mergers such as Netflix’s proposed $83 billion acquisition of Warner Bros. flag Discovery and practices like data scraping by large e-retailers. flag Supporters say the bill would restore market fairness, empower workers, protect small businesses, and promote innovation.

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