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Opinion
Tara Lachapelle

Wall Street Bankers Will Have to Work a Little Harder

The past decade’s long list of megamergers reveals U.S. antitrust law as a failure. New rules proposed by Senator Amy Klobuchar would rectify things.

Senator Amy Klobuchar’s proposal to overhaul competition policy is not only sensible, but urgent. 

Senator Amy Klobuchar’s proposal to overhaul competition policy is not only sensible, but urgent. 

Photographer: Aaron P. Bernstein/Bloomberg

The list of corporate megamergers permitted by U.S. regulators over the last decade is a jaw-dropping study in the failure of the country’s antitrust laws. It’s against this backdrop that Senator Amy Klobuchar’s proposal to overhaul competition policy is not only sensible, but urgent. 

Read More: 100-Year-Old Antitrust Laws Are No Match for Big Tech: Tara Lachapelle