Washington, D.C. — The American Economic Liberties Project released the following statement in response to legislation Senators Klobuchar and Grassley plan to introduce today.

“Lina Khan’s solidly bipartisan confirmation was an unmistakable sign that the Senate can govern across party lines to turn the page on a failed era of antitrust enforcement. The upcoming introduction of new legislation from Senators Klobuchar and Grassley today is yet another. It will not be the last,” said Sarah Miller, Executive Director of the American Economic Liberties Project. 

“Of course, given the way judges rule in favor of dominant firms, this bill alone will not be enough to free the small businesses, entrepreneurs, workers, and local communities stuck in Silicon Valley’s grip,” added Miller. “The Senate must continue to reassert its power over the handful of men whose corporations undermine economic dynamism, eviscerate the free press, and threaten our democracy itself. This requires the Senate to put an end to 40 years of deference to a pro-concentration judiciary and a small cadre of pro-monopoly economists. And it means the Senate must embrace breaking up Big Tech to re-introduce the discipline of market-based competition to complement regulatory efforts.”

Learn more about Economic Liberties here.

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The American Economic Liberties Project works to ensure America’s system of commerce is structured to advance, rather than undermine, economic liberty, fair commerce, and a secure, inclusive democracy. Economic Liberties believes true economic liberty means entrepreneurs and businesses large and small succeed on the merits of their ideas and hard work; commerce empowers consumers, workers, farmers, and engineers instead of subjecting them to discrimination and abuse from financiers and monopolists; foreign trade arrangements support domestic security and democracy; and wealth is broadly distributed to support equitable political power.