“You cannot take on the biggest companies the world has ever known with Band-Aids and duct tape.”


WASHINGTON - In an interview for WBUR’s On Point series “More Than Money: The Cost of Monopolies in America,” U.S. Senator Amy Klobuchar (D-MN) highlighted the need to reform antitrust laws and promote competition.

Klobuchar emphasized the need to update antitrust laws to adapt to the digital economy, noting: “You cannot take on the biggest companies the world has ever known with Band-Aids and duct tape…It's our job in the federal government to address the rules of the road. And when we haven't even passed a competition bill since the advent of the Internet that applies to tech, you know we have problems” 

Klobuchar also highlighted how promoting competition will strengthen our democracy: “It's better for our democracy when you have competition. It's better for wages…it's better for the exchange of information, and as I noted, it's better for the First Amendment.” 

Last fall, Klobuchar and Senator Chuck Grassley (R-IA) introduced the American Innovation and Choice Online Act, which recently passed the Senate Judiciary Committee with  strong bipartisan support. This legislation would establish commonsense rules of the road to prevent dominant digital platforms from abusing their market power to harm competition, online businesses, and consumers. 

Last February, Klobuchar introduced the Competition and Antitrust Law Enforcement Reform Act, sweeping antitrust legislation to 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.

Listen to the full interview HERE