Sec. 2: Findings and Purposes
Congress finds that:
Competition results in higher-quality goods and services;
Competition fosters small business growth, reduces economic inequality and spurs innovation;
Market power in the U.S. is substantial and growing;
Market power makes it difficult for people to start their own business, depresses wages and increases income inequality;
Market concentration contributes to the concentration of political power;
Anticompetitive effects include higher prices, lower quality, lessened choice, reduced innovation, foreclosure of competitors and entry barriers;
Monopsony power allows a firm to force suppliers to accept below-market prices or force workers to accept below-market wages;
Horizontal and vertical consolidation and conglomerate mergers have potential to increase market power and cause anticompetitive harm;
To embed, copy and paste the code into your website or blog:
The bill would increase and shift the burden for many merger reviews, introduce new categories of prohibited conduct, and undo important common law defenses to single-firm conduct.
On February 4, 2021, Senator Amy Klobuchar, the incoming chair of the US Senate Judiciary Committee’s Antitrust Subcommittee, presented a sweeping antitrust reform bill, named the Competition and Antitrust Law Enforcement Reform Act of 2021 (CALERA).
This Client Alert provides an overview of CALERA and its likely impact if it were to pass as currently presented.
Please see full Alert below for more information.
Pittsboro s RAFI Calling Out Antitrust Violations in Farming chapelboro.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chapelboro.com Daily Mail and Mail on Sunday newspapers.
Apple slams Trumpâs antitrust stance in FRAND cases
18-02-2021
08-08-2019
Apple has urged the US judiciary to apply antitrust law to patent litigation, in a strongly-worded bid to overturn a ruling that a patent pool did not engage in antitrust activities when it refused access to standard-essential patents (SEPs).
The tech company filed an
amicus brief on February 16 at the US Court of Appeals for the Fifth Circuit in which it challenged the misguided view put forward by the former President Trump’s US Department of Justice (DoJ) that antitrust law should be kept out of patent cases.