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position

Combating Corporate Consolidation and Monopolies

position explained

Monopolistic practices and corporate consolidation have reduced competition, increased prices for consumers, and harmed small businesses. Federal policy must restore competition to the marketplace and protect consumers from predatory corporate practices.

I will fight for:

  • Stronger Antitrust Enforcement: Reinforce antitrust laws and strengthen the Federal Trade Commission (FTC) to combat monopolies and corporate mergers that stifle competition. This would include limiting monopolistic mergers in key sectors such as technology, agriculture, and healthcare.
  • Break Up Monopolies: Where necessary, break up companies that have a stranglehold on markets, particularly in industries like big tech and pharmaceuticals, where a few companies dominate to the detriment of consumers.
  • Consumer Protection: Enact or enforce regulations to protect consumers from price gouging and unfair practices, particularly in essential sectors like healthcare, energy, and telecommunications.

Breaking up monopolies and increasing competition would reduce prices for everyday goods and services, promote innovation, and help small businesses thrive in an economy that is fair for everyone.

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