CALERA’s Merger Changes Could Harm Consumers

In February 2021, Senator Amy Klobuchar (D-MN) introduced legislation designed to make it harder for corporations to engage in mergers and acquisitions. The Competition and Antitrust Law Enforcement Reform Act (CALERA) makes sweeping changes to existing antitrust law, solidifying a shift from the consumer welfare standard towards a ‘big is bad’ approach. In other words, […]