The House Judiciary Committee requested information from three of the largest asset managers in finance pursuant to a Committee inquiry into "the sufficiency of existing antitrust laws to address collusive agreements to promote and adopt progressive environmental, social, and governance (ESG) goals."
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In testimony before the Senate Judiciary Subcommittee on Competition Policy, Antitrust and Consumer Rights, DOJ Assistant Attorney General Jonathan Kanter and FTC Chair Lina M. Khan described challenges in the current enforcement of federal antitrust laws.
The U.S. House Judiciary Committee's Antitrust Subcommittee released a bipartisan legislative agenda to address "anti-competitive conduct that has seriously impacted consumers and small businesses" in the digital marketplace.
The Senate Committee on Commerce, Science and Transportation scheduled a confirmation hearing for President Trump's four FTC nominees.
Senator Elizabeth Warren (D-MA) asserted that sector consolidation and concentration have become challenges to market competition.