Legislation that would overhaul existing anti-monopoly laws has been introduced in the U.S. Senate.
Minnesota Democrat Amy Klobuchar filed the Competition and Antitrust Law Enforcement Reform Act last week. She says while the United States once had some of the most effective antitrust laws in the world, today’s economy faces a massive competition problem that can’t be swept under the rug.
Iowa Republican Chuck Grassley tells Brownfield he shares Klobuchar’s concerns about monopolies.
