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Source: Senate.gov Senator Amy Klobuchar (D-Minnesota), the incoming head of the Senate antitrust subcommittee, has introduced a bill that would bring wide reforms to competition laws and antitrust enforcement that puts companies that sell the tech we love directly in its anti-competitive crosshairs. The proposed Competition and Antitrust Law Enforcement Reform Act outlines the new administration s policies and attitude towards anti-competitive behavior in several key areas. One is the idea of projecting more of the investigation costs to the companies defending their practices; the other is a set of consumer protections like requiring companies that are given permission to merge or buy another one to show how they have kept their relevant industries competitive since initial the hearings.

Amy klobuchard minnesotaLouis velazquezCongress sourceOffice of the competitionDepartment of justice antitrust divisionAmy klobucharAntitrust law enforcement reform actWall street journalBig techClayton actAntitrust divisionFederal trade commissionCompetition advocateAmazon fireலூயிஸ் வெல்யாயிகெஸ்காங்கிரஸ் மூல