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Klobuchar bill calling for some mergers to be presumed anticompetitive called an 'invitation to error,' 'aspirational'

By Curtis Eichelberger and Khushita Vasant ( March 24, 2021, 18:23 GMT | Insight) -- A new antitrust and merger reform bill introduced by US Senator Amy Klobuchar calling for mergers by large companies that own half of a given market to be presumed anticompetitive is "an invitation to error," a federal appeals court judge said at a conference. And members of the American Bar Association's transition team said some of the bill's proposals are "aspirational."A new antitrust and merger reform bill introduced by US Senator Amy Klobuchar calling for mergers by large companies that own half of a given market to be presumed anticompetitive is "an invitation to error," a federal appeals court judge said at a conference today.* And members of the American Bar Association's** transition team said some of the bill's proposals are "aspirational."...

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