Sec. 2: Findings and Purposes
Congress finds that:
Competition results in higher-quality goods and services;
Competition fosters small business growth, reduces economic inequality and spurs innovation;
Market power in the U.S. is substantial and growing;
Market power makes it difficult for people to start their own business, depresses wages and increases income inequality;
Market concentration contributes to the concentration of political power;
Anticompetitive effects include higher prices, lower quality, lessened choice, reduced innovation, foreclosure of competitors and entry barriers;
Monopsony power allows a firm to force suppliers to accept below-market prices or force workers to accept below-market wages;
Horizontal and vertical consolidation and conglomerate mergers have potential to increase market power and cause anticompetitive harm;
Democrats Determined To Avoid Their Old Mistakes With Big COVID-19 Stimulus huffingtonpost.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from huffingtonpost.com.au Daily Mail and Mail on Sunday newspapers.
To embed, copy and paste the code into your website or blog:
On Feb. 17, 2021, four Colorado state legislators introduced a bill that would authorize local governments to require construction of affordable housing within their boundaries without being in violation of the state statute prohibiting rent control.
House Bill 21-1117, sponsored by House Reps. Susan Lontine (D-Denver) and Serena Gonzales-Gutierrez (D-Denver) and Sens. Julie Gonzales (D-Denver) and Robert Rodriguez (D-Denver), adds a provision to the Local Government Land Use Control Enabling Act of 1974 (C.R.S. section 29-20-101
et seq.) expressly allowing local governments to regulate development or redevelopment in order to promote the construction of affordable housing units. Further, the new legislation expressly exempts the Colorado statutory prohibition on rent control (see C.R.S. section 38-12-301) from applying to any local government land use regulation that restricts rents on newly constructed or redeveloped
To embed, copy and paste the code into your website or blog:
The Clinton DOJ attacked international cartels. The Obama DOJ prioritized merger enforcement. The Biden DOJ needs to focus on America’s monopoly problem.
Antitrust is like a three-legged stool, made up of criminal offenses such as price fixing, merger control, and monopolization.
Looking back at the DOJ Antitrust Division during the Clinton and Obama years, one can see that the Division’s priorities have changed. These changes were driven by what DOJ leadership saw as the most pressing antitrust issues of the day: the Antitrust Division vastly increased its international criminal enforcement during the Clinton years and made merger enforcement a priority during the Obama years.