Brian Fung | @[email protected]

@b_fung ↗

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Last Checked Feb. 21, 2021

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Thu Feb 04 12:52:43 +0000 2021

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Brian Fung | @[email protected] @b_fung

Here are the nuts and bolts if you want to get wonky: The bill gives another $300m each to the FTC and DOJ Gives antitrust regulators the authority to seek civil penalties on a first offense Lowers the burden for challenging M&A by creating an “appreciable risk” standard — PolitiTweet.org

Posted Feb. 4, 2021

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Brian Fung | @[email protected] @b_fung

New this morning: @SenAmyKlobuchar is introducing a major new bill to reshape the country’s antitrust laws. The bill expands FTC & DOJ budgets, allows stiff new fines for antitrust violations, and reworks the law to discourage mega-mergers and acquisitions of nascent rivals. — PolitiTweet.org

Posted Feb. 4, 2021

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Brian Fung | @[email protected] @b_fung

Flips the burden of proof onto companies for certain mergers — for example, deals over $5bn & purchases of nascent rivals. It would be on the companies to prove their deals do NOT create an “appreciable risk” of reducing competition, rather than on the govt to prove they do. — PolitiTweet.org

Posted Feb. 4, 2021