Antitrust Fundraiser Raises More Than $500,000 For Biden

The “Virtual Conversation on the Future of Antitrust” fundraiser that Sen. Amy Klobuchar (D-Minn.).  Ranking member of the Senate Judiciary Committee’s antitrust subcommittee, and Rep. David Cicilline (D-R.I.), the chair of the House Judiciary Committee’s antitrust subcommittee,  headlined for Joe Biden, was held this monday. Monday

The Monday evening event brought in $537,000 even though Klobuchar had to cancel, POLITICO’s Cristiano Lima reports. “In his opening remarks, Cicilline called it a ‘major problem’ that the U.S. economy ‘works fine for a handful of dominant firms that have market caps in the trillions’ but not for smaller rivals. He added, ‘Joe Biden is the person to fix it.’”

— “Cicilline said he expects a Biden administration to ‘tackle market concentration’ and work with Congress to strengthen antitrust enforcement and promote labor-market competition. Providing ‘robust’ funding for antitrust enforcement agencies, he said, will be key toward achieving that. … Cicilline reiterated that he hopes the subcommittee will be able to report findings from its probe in early September, which he said ‘times perfectly with the incoming Biden administration.’”

Full Content: Politico

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