In Key Triumph Over Monopoly Power, House Passes Strongest Antitrust Law In Decades

September 29, 2022 Press Release

Washington, D.C. — After a landmark 242-184 vote in the House of Representatives to approve the Merger Filing Fee Modernization Act of 2022, The American Economic Liberties Project released the following statement.

“Honest businesses, working people, and consumers triumphed over trillion dollar titans today,” said Sarah Miller, Executive Director of the American Economic Liberties Project. “Despite an all-out lobbying war by monopolists, the House of Representatives passed legislation to strengthen antitrust law for the first time in decades. We commend the bipartisan members of Congress who are committed to putting Main Street and fair competition over Big Tech special interests, and look forward to seeing this commonsense bill pass the Senate and be signed into law.”

Learn more about Economic Liberties here.

###

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.