Sen. Amy Klobuchar (D-Minn.) announced on Thursday that she is introducing a new bill to enhance antitrust laws, targeting dominant companies that have been accused of abusing their monopoly power.
Some of the main points of the bill would be more rigorous standards for big companies looking to merge with others, increasing the budget for the Department of Justice’s Antitrust Division and the Federal Trade Commission by $300 million and allowing it to seek civil penalties for monopoly law violations, as well as enhancing whistleblower incentives in relation to possible civil violations.
