Aggressive Antitrust Scrutiny Damaging Competition, Cantor Says
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Overly aggressive moves by US antitrust regulators have hurt competition and could steer investors away from the American market, Moelis & Co. Vice Chairman Eric Cantor said.
“The real concern that I continue to hear from clients of Moelis and others is the fact that we’ve got a situation with our antitrust regulators,” Cantor said in a Bloomberg Television interview Wednesday, pointing to how antitrust laws are being interpreted by the Federal Trade Commission and Justice Department. “They’ve, I think, done a disservice to our country, to investors, and frankly damaging the competitiveness of America as a destination for capital.”