Block party: The Tipline for 28 July 2023

Why have two agencies to block technology mergers when you can have three? Senators Lindsey Graham and Elizabeth Warren have floated a new regulator dedicated to scrutinising tech companies – from past and pending deals to abuse of dominance. “Enough is enough. It’s time to rein in Big Tech,” Graham and Warren wrote in a New York Times editorial yesterday. “And we can’t do it with a law that only nibbles around the edges of the problem. Piecemeal efforts to stop abusive and dangerous practices have failed.” Also in Tipline, L3Harris/Aerojet gets the all-clear and a senator takes aim at the PGA Tour’s tax breaks.