Yesterday, the Institute for Local Self-Reliance hosted a seminar on the topic of “Reining in Monopoly Power: Small Businesses and the Push to Strengthen Antitrust Laws.”
The keynote talk was delivered by Congressman David Cicilline (D-RI), chairman, Subcommittee on Antitrust, Commercial and Administrative Law, who explained that the country’s Democratic legislature was ready to act to defend small and local business against predatory companies. “We know that small and local businesses are going to be key to our economic recovery after the pandemic,” he said. Cicilline noted that for a long time, companies like Apple, Amazon, Google, and Facebook were given a free pass and Congress didn’t want to be seen obstructing the growth of entrepreneurial American companies. But times have changed, and Cicilline said, “we must level the playing field.”
