Bill 119 s 130, also known as the Antitrust Reform Act, aims to strengthen antitrust laws in the United States to promote fair competition in the economy. The bill proposes amendments to the Clayton Act to make it easier to identify and prevent unlawful acquisitions that could harm competition. It also seeks to address anticompetitive exclusionary conduct that negatively impacts both competition and consumers.
One of the key provisions of the bill is to enhance the enforcement capabilities of the Department of Justice and the Federal Trade Commission in enforcing antitrust laws. This includes providing these agencies with more resources and authority to investigate and prosecute violations of antitrust laws.
Overall, the goal of Bill 119 s 130 is to ensure that competition in the American economy is protected and that consumers are not harmed by anticompetitive practices. The bill aims to create a level playing field for businesses and prevent monopolies or unfair market practices that could stifle innovation and harm consumers.