Klobuchar Eyes Action Against Monopolies

Sen. Amy Klobuchar (D-MN) has put forward expansive legislation to overhaul antitrust law, the Associated Press reports.

“It would make it harder for dominant companies to win regulators’ approval of mergers and stretch the government’s authority over competition in other ways. Klobuchar, who heads the Senate Judiciary subcommittee on competition policy, has launched a broad examination by the panel of monopoly concerns.”

Said Klobuchar: “At stake is nothing less than the future of our economy and the way of life that it supports. This is about saving capitalism and building an economy that works for all Americans.”