Sen. Amy Klobuchar (D-Minn.) announced on Thursday that she is introducing a new bill to enhance antitrust laws, targeting dominant companies that have been accused of abusing their monopoly power. Some of the main points of the bill would be more rigorous standards for big companies looking to merge with others, increasing the budget for the Department of Justice’s Antitrust Division and the Federal Trade Commission by $300 million and allowing it to seek civil penalties for monopoly law violations, as well as enhancing whistleblower incentives in relation to possible civil violations. Klobuchar told CNN, “You have a situation where, throughout history, new companies, small start-ups have changed the country, have made our country so strong, and right now, especially in the tech area, you have companies like Google that have 90 percent control over search engines.” “What I’m proposing is, make sure these agencies are able to take on …
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta