The consolidated budget bill containing six separate appropriation bills includes $45 million in cuts to the Department of Justice Antitrust Division. On Tuesday, Biden announced that the Antitrust Division would lead a strike force on unfair and illegal pricing along with the Federal Trade Commission. The budget bill, however, dilutes the law by putting a $233 million cap on funding for the Antitrust Division. Sen. Amy Klobuchar (D-Minn.), a leading advocate of antitrust policy, opposes the cuts in the consolidated appropriations bill to the Department of Justice Antitrust Division. Ken Cedeno/Pool via Getty ImagesSince the Biden administration’s antitrust agenda is one of his few policy priorities with strong bipartisan support, opposition to the provision cutting the Antitrust Division’s budget could increase.

Source: Huffington Post March 07, 2024 02:16 UTC