WASHINGTON, April 29 -- Sen. Elizabeth Warren issued the following press release:
U.S. Senator Elizabeth Warren (D-Mass.) joined Senator Cory Booker (D-NJ), Ranking Member of the Senate Judiciary Subcommittee on Antitrust, Competition Policy, and Consumer Rights, in introducing legislation to restore integrity and independence to federal antitrust enforcement.
The Correcting Lapsed Enforcement in Antitrust Norms for Mergers Act (CLEAN Mergers Act) would restore the integrity of antitrust enforcement by requiring divestiture of mergers consummated during Trump's second term, valued at over $10 billion absent proof they did not harm competition. It would also direct federal agencies to reexamine mergers consummated during Trump's second ter...