First hearing titled “Competition Policy for the Twenty-First Century: The Case for Antitrust Reform.”
WASHINGTON – U.S. Senators Amy Klobuchar (D-MN) and Mike Lee (R-UT), Chairwoman and Ranking Member of the Senate Judiciary Subcommittee on Competition Policy, Antitrust, and Consumer Rights, announced that the Subcommittee would hold a hearing on Thursday, March 11, 2021 at 10:00 AM ET titled “Competition Policy for the Twenty-First Century: The Case for Antitrust Reform.”
“Competition is at the very foundation of American capitalism. Effective competition policy requires we use all of the tools at our disposal to protect our economy — the most important of those tools is antitrust enforcement. Our country faces a major monopoly power problem, and at this hearing, we will examine this problem’s scope and the reforms necessary to correct it,” said Senator Klobuchar. “I’m committed to modernizing our antitrust laws for the twenty-first century so we can protect workers and consumers, spur innovation, and build a strong economy that works for all Americans.”
“Just as important as the question of whether we have a monopoly problem is the question of whether we have an antitrust enforcement problem,” said Senator Lee. “I look forward to discussing both of these questions, and possible legislative solutions, with our distinguished panel of witnesses.”
Witnesses will include:
- George Slover - Senior Policy Counsel, Consumer Reports
- Ashley Baker - Director of Public Policy, The Committee for Justice
- Barry Lynn - Executive Director, Open Markets Institute
- Jan Rybnicek - Counsel, Freshfields Bruckhaus Deringer LLP
- Professor Nancy L. Rose - Charles P. Kindleberger Professor of Applied Economics, Massachusetts Institute of Technology
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