Antitrust may become Senator Amy Klobuchar’s signature issue, and if things go right, the pinnacle achievement of her years in Congress. Not only does she now have the chair of the powerful Senate Judiciary antitrust committee, but she has a book called Antitrust coming out in the spring.
On Thursday, the Minnesota Democrat and 2020 presidential contender introduced an omnibus bill that would reform antitrust law and retool regulatory agencies to confront anticompetitive behavior by big corporations—notably, tech companies.
Many Democratic lawmakers have become keen to put a check on the growing political and market power of Big Tech, and a number of more serious-minded Republicans feel the same way. Now, with a Democrat in the White House and narrow Democratic control of both houses of Congress, the stars may finally have aligned for antitrust reform.
Some important things have already happened. The House subcommittee on antitrust released an exhaustive report on the business…