B402, Dems, welcome Biden anti-monopoly effort. Republicans label it a witch hunt. How wrong you will always be while fixed in your anti-dem mental prison block. It limits your reason disastrously.
Biden administration steps up antitrust enforcement
Antitrust enforcement in the Biden administration is about change, according to Timothy Wu, who played a key role in the executive order President Joe Biden signed in July aimed at limiting corporate dominance and making American businesses more competitive.
The Biden administration’s revitalization of antitrust marks a return to the laws' original intent, said presidential advisor Timothy Wu.
“We feel strongly that we are playing a role in our democracy in responding to the will of the people,” Wu said during a speech to antitrust lawyers at the ABA Antitrust Law Section’s annual Fall Forum, held in person Nov. 9 in Washington, D.C. “Polls show that the public is truly concerned that the federal government should do more about the power of monopolies in order to make the economy more fair and competitive.”
But Utah Sen. Michael Lee, the ranking Republican on the Judiciary Subcommittee on Antitrust, Competition Policy and Consumer Rights, later in the program called the administration’s attempts at reform “an ideological witch hunt.”
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