Senator Amy Klobuchar (D-MN). Photo: Diego M. Radzinschi/ALM At NYSBA Panel, Amy Klobuchar Says Pandemic Hurt Competition, But Sees 'Moment of Hope' for Antitrust Legislation
"We all know there's a risk that we are going to emerge from the pandemic with an even more consolidated economy, more concentrated, less competitive. That's because 100,000 American small businesses have already closed for good, with thousands more at risk," the Minnesota Democrat said. Klobuchar is expected to become the new chairwoman of the Senate's antitrust law subcommittee.
January 27, 2021 at 11:28 AM
5 minute read
As she prepares to lead the U.S. Senate's subcommittee on antitrust law and reportedly introduce an expanded version of her past bill targeting corporate monopolies, Sen. Amy Klobuchar, D-Minnesota, told New York antitrust lawyers this week that the nation's business economy "may emerge with even less competition" and "more of a problem" due to the coronavirus pandemic forcing more than 100,000 smaller businesses to close.
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