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Antitrust enforcement needs money not reform, experts say

Antitrust enforcement needs money not reform, experts say Antitrust experts said amending merger and acquisition laws would hamper competition. Instead, agencies should be better funded to expand on the work they re already doing. Share this item with your network: By Published: 07 May 2021 Instead of changing current laws, funding may be at the heart of solving antitrust enforcement challenges, a group of legal and academic experts argued. During a panel discussion Friday hosted by the Information Technology and Innovation Foundation, antitrust experts weighed in on the current national conversation about antitrust enforcement efforts against big tech companies like Google, Facebook, Apple and Amazon. Regulators in the U.S. and globally are looking to reign in tech giants by, for example, scrutinizing acquisitions that may be deemed anticompetitive. One commonly cited example is Facebook s 2012 acquisition of Instagram for $1 billion.

United statesDouglas melamedDaniel sokolMaureen ohlhausenAmy klobuchard minnesotaJohn mayoBaker bott ohlhausenStanford law schoolUniversity of florida levin college lawGeorgetown university mcdonough school of businessInformation technologyBaker bottsInnovation foundationAmy klobucharClayton actAntitrust law enforcement reform

AMG v FTC: US Supreme Court Severely Limits FTC s Ability To Seek Monetary Relief - Consumer Protection

To print this article, all you need is to be registered or login on Mondaq.com. The US Supreme Court ruled last week that the Federal Trade Commission doesn t have the authority to seek equitable monetary relief in federal court under Section 13(b) of the FTC Act in The text of Section 13(b) expressly allows the Commission to seek injunctive relief (temporary restraining orders or preliminary injunctions in aid of administrative proceedings, as well as permanent injunctions in proper cases ), but is silent on whether the agency can also seek equitable monetary relief. Nonetheless, courts for years have ordered consumer redress,

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US Senator wants to ban all future acquisitions by Big Tech

US Senator wants to ban all future acquisitions by Big Tech Facebook WhatsApp In line with growing calls for antitrust regulation in the US, Republican Senator Josh Hawley has introduced legislation calling for the ban of all mergers and acquisitions by companies with a market cap of over $100 billion, presumably targeting Big Tech companies Microsoft, Google, Apple, Amazon and Facebook. Called the “Trust-Busting for the Twenty-First Century Act”, Hawley’s bill proposes overhauling century-old anti-trust and competition laws such as the Sherman Act and the Clayton Act. Hawley wants to clearly define the anti-competitive behaviour under the Federal Trade Commission (FTC) instead of getting bogged down by lawyers and economists.

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Perry Weed: Big Tech s information monopoly versus democracy | COMMENTARY

Perry Weed: Big Tech s information monopoly versus democracy | COMMENTARY
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United statesDonald trumpAmy klobucharJoe bidenDemocratic congressEuropean commissionJustice departmentBig techPresident donald trumpAntitrust law enforcement reformFederal trade commissionஒன்றுபட்டது மாநிலங்களில்டொனால்ட் துருப்புஆமி கிலொபூச்சர்ஓஹோ பிடென்ஜனநாயக காங்கிரஸ்

CLERA Or Murkier: Proposed Antitrust Legislation Raises Questions - Anti-trust/Competition Law

CLERA Or Murkier: Proposed Antitrust Legislation Raises Questions - Anti-trust/Competition Law
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Amy klobucharSenate judiciary committee subcommitteeSherman actClayton actSenator amy klobucharSenate judiciary committeeCompetition policyConsumer rightsAntitrust law enforcement reformBig techAntitrust subcommitteeHouse republicansRanking member senator mike leeஆமி கிலொபூச்சர்ஷெர்மன் நாடகம்களிமண் நாடகம்