Klobuchar Statement on Judiciary Committee Passage of Legislation to Increase Resources for Antitrust Enforcement

Statement

U.S. Senator Amy Klobuchar (D-MN) issued the following statement regarding the Merger Filing Fee Modernization Act's passage out of the Senate Judiciary Committee this morning by unanimous voice vote. This legislation is cosponsored by Senator Chuck Grassley (R-IA).

"Our competition enforcers don't have enough resources to effectively take on multi-billion dollar, much less trillion-dollar, companies. The Federal Trade Commission and Department of Justice Antitrust Division shouldn't have to fight some of the largest monopolies in history with duct tape and Band-Aids, which is why we need to provide them with more funding.

"With strong bipartisan support, the Merger Filing Fee Modernization Act has moved out of committee and onto the floor, bringing us one step closer to securing much needed additional resources for our enforcers without relying on taxpayer dollars. I look forward to working with my Senate colleagues to pass this bipartisan legislation into law and give antitrust enforcers some of the funding they need to do their jobs and protect consumers."

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