Sen amy klobuchar d minn unveiled a sweeping antitrust reform bill on thursday klobuchars proposed competition and antitrust law enforcement reform act sets a tough tone as she becomes chair. Bloomberg the chairman of the house antitrust panel said hell introduce legislation very soon to reform antitrust laws to curb the power of large technology platforms in the digital economy representative david cicilline the rhode island democrat who led a 16 month investigation of american technology giants said monday that hes working with colleagues to craft legislation . Hal singer an antitrust economist told lawmakers there is an urgent need to reform competition laws recent developments imply that certain platforms have accumulated so much economic and political power that they may not be governable which militates in favor of cutting them down in size he said democrats are looking to capitalize on control of congress to pass antitrust reform in . The bill named the competition and antitrust law enforcement reform act targets big techs exclusionary conduct adding even more enforcement against the practice than provided by section 2 of the sherman act
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