AAI’s Moss on New Biden Antitrust Enforcers: Tells NYT That Competition Advocates are “Hopeful,” Multiple Factors Will Play a Role
In the New York Times’ July 24 article “Biden’s Antitrust Team Signals a Big Swing at Corporate Titans,” AAI President Diana Moss said she remains hopeful that the Biden Administration will be a proponent of stronger competition enforcement.
From the article:
White House officials argue that putting tough-minded regulators in powerful positions can allow them to succeed with antitrust efforts in a way that President Donald J. Trump, who also issued an executive order on competition and talked of breaking up tech and hospital mergers, did not.
“We are hopeful,” said Diana Moss, president of the American Antitrust Institute and a proponent of stronger competition enforcement. “But when the rubber meets the road, they are going to have to juggle an aggressive agenda with the realities of courts, Congress and pressure from the outside.”
Some economists warn that Mr. Biden’s appointees could move beyond efforts to break up concentration that truly stifles competition and hurts consumers and into industries like restaurants or grocery stores. There, they say, the entrance of national players into local markets has in many cases given customers more options and created more jobs.