Bloomberg Law
July 24, 2017, 10:35 PM UTC

Top Democrats Unveil Ambitious Antitrust Agenda

Liz Crampton

By Liz Crampton, Bloomberg BNA

Congressional Democrats July 24 unveiled an ambitious antitrust agenda that takes aim at big corporations and signals what tack the party would take should Democrats capture either the House or the Senate in the midterm elections.

Companies proposing blockbuster mergers would need to establish the benefits of the deal in order to incentivize companies to be “better corporate citizens” under the plan rolled out by House Minority Leader Nancy Pelosi (D-Calif.) and Senate Democratic leader Chuck Schumer (D-N.Y.) at a rally in Berryville, Va. Large mergers that would harm consumers, workers, and competition via higher ...

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