In a fact sheet released on the Clinton campaign website Monday is a little-noticed set of bullet points that signals something important about how Hillary Clinton would govern. The campaign outlined an aggressive plan for beefing up the nation’s antitrust laws in order to “address excessive concentration” among major industries and end the “abuse of economic power” by corporations.
The proposals are significant because they don’t require passing legislation in Congress. Simply by choosing officials devoted to more vigorous enforcement of antitrust laws, Clinton can bring about a big shift in the way the nation’s antitrust laws are enforced.
The Obama administration has already taken a stronger stance on antitrust issues than President George W. Bush did. The antitrust principles outlined in Clinton’s fact sheet suggest she could beef up antitrust enforcement even further. As President, she will work to promote competition and take on abuses of market power, by taking action through government at every level, and rewarding innovation and entrepreneurship in the private sector.
Appoint strong leadership at our antitrust agencies. Strong enforcement officials…increase the resources and staffing…building up jurisprudence that supports strong enforcement.
Aggressively enforce and strengthen merger reviews as well as our antitrust laws and guidelines. Make sure that mergers and acquisitions do not excessively concentrate market power.
Prevent the inappropriate exploitation of excessive market power where it already exists. When large firms abuse their power by excluding potential rivals or stifling entrepreneurship, innovation, and free competition, those abuses undermine consumers, businesses, workers, and our economy as a whole.
Ensure post-merger retrospective reviews, and transparency. Empower the antitrust agencies to conduct post-merger monitoring…regular, thorough study and data collection on market concentration and its impact.
Full Content: Mother Jones
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
EU’s Incoming Competition Head Pushes for Policy Shift to Support ‘European Champions
Sep 19, 2024 by
CPI
Google Challenges $217 Million Legal Fee Demand in Privacy Case
Sep 19, 2024 by
CPI
EU Moves to Enforce Apple’s Compliance with New Market Rules
Sep 19, 2024 by
CPI
California Attorney General Bonta Stands Firm Against Albertsons-Kroger Merger
Sep 19, 2024 by
CPI
New FTC Report Highlights Privacy Risks in Social Media Data Use
Sep 19, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Canada & Mexico
Sep 3, 2024 by
CPI
Competitive Convergence: Mexico’s 30-Year Quest for Antitrust Parity with its Northern Neighbor
Sep 3, 2024 by
Francisco Javier Núñez Melgoza
Competition and Digital Markets in North America: A Comparative Study of Antitrust Investigations in Mexico and the United States
Sep 3, 2024 by
Julio Garcia
Recent Antitrust Development in Mexico: COFECE’s Preliminary Report on Amazon and Mercado Libre
Sep 3, 2024 by
Alejandra Palacios Prieto
The Cost of Making COFECE Disappear
Sep 3, 2024 by
Mateo Fernández