On September 14, 2017, Senator Amy
Klobuchar (D-MN), introduced new legislation to
curtail market concentration and enhance antitrust scrutiny of
mergers and acquisitions. As the Ranking Member of the Senate
Judiciary Committee's Subcommittee on Antitrust, Competition
Policy and Consumer Rights, Klobuchar is the leading Senate
Democrat for antitrust issues.
Two bills were submitted to the Senate: the Consolidation
Prevention and Competition Promotion Act (CPCPA) and the Merger
Enforcement Improvement Act (MEIA). The CPCPA is co-sponsored by
Senators Kirsten Gillibrand (D-NY), Richard Blumenthal (D-CT) and
Ed Markey (D-MA). The MEIA is co-sponsored by Senators Blumenthal,
Markey and Gillibrand, along with Senators Patrick Leahy (D-VT), Al
Franken (D-MN), Cory Booker (D-NJ), Dick Durbin (D-IL), Mazie
Hirono (D-HI) and Tammy Baldwin (D-WI). Both bills propose
amendments to the Clayton Act. Earlier this year, Senate democrats
announced these
legislative proposals as
