Klobuchar to Hold Antitrust Hearing on 3/11
Kelley Drye Client Advisory
According to Politico, Senator Amy Klobuchar intends to hold the Senate Judiciary’s first Antitrust Hearing this year, the next step toward advancing her bill, the Competition and Antitrust Law Enforcement Reform Act. The legislation would “give federal enforcers the resources they need to do their jobs, strengthen prohibitions on anticompetitive conduct and mergers, and make additional reforms to improve enforcement,” according to the Senator. Witness are yet to be announced, but Sen. Klobuchar told Politico to expect scholars and industry witnesses, although none from big tech.
Commenting on similar legislative proposals in the house she mentioned the possibility of moving her legislation in parts. If she does, the odds of early antitrust reform will increase again.