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US: Sen. Booker says “we need a president that’s going to enforce antitrust laws”

By  |  May 12, 2019

In an interview with ABC News, Sen. Cory Booker said Saturday, May 11, that the United States has a problem with “corporate consolidation” in many industries, but that the job of the president is to “enforce antitrust laws,” not seek to break up big companies based on his or her personal beliefs.

Booker’s remarks come after Facebook’s co-founder and former chief executive Chris Hughes published an op-ed calling for the company to be broken up,

“I don’t care if it’s Facebook, the pharma industry, even the agricultural industry. We’ve had a problem in America with corporate consolidation that is having really ill effects,” the New Jersey senator said in an interview for “This Week.”

“It’s driving out the independent family farmers. It’s driving up prescription drug costs. And in the realm of technology, we’re seeing…one or two companies controlling a significant amount of the online advertising.” he continued.

Full Content: ABC News

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