Concentrated economic power is a threat to both our democracy and our free and open markets. Over the past several decades, market power and economic concentration have risen significantly while enforcement has been in retreat. 1/2
I, like so many Americans, am deeply concerned about these developments. It is essential that we conduct effective oversight and act where appropriate to address this concern, which is why the @HouseJudiciary antitrust investigation is critical and long overdue. 2/2
Read my statement from Novermber’s @HouseJudiciary antitrust hearing entitled: “Online Platforms and Market Power, Part 4: Perspectives of the Antitrust Agencies” nadler.house.gov/news/documents…
