Minnesota Senator Amy Klobuchar has introduced the Competition and Antitrust Law Enforcement Reform Act. The measure calls for increasing the budgets for antitrust enforcement departments allowing them to handle more cases and more in depth. Organization for Competitive Markets Executive Director Mike Eby says it’s positive this has been introduced and is hopeful a starting point for handling a massive problem.
He says getting more boots on the ground enforcing antitrust laws has been something that’s been needed for a long time and even came up at a recent Senate hearing.
Eby is hoping there will be enough legislative support for Klobuchar’s bill despite her party affiliation.
Eby says Klobuchar’s measure is at least a good starting point in addressing antitrust and concentration issues that have hit agriculture the most but also other industries as well.