Antitrust by Amy Klobuchar

Antitrust by Amy Klobuchar

NATIONAL BESTSELLER - Antitrust enforcement is one of the most pressing issues facing America today--and Amy Klobuchar, the widely respected senior senator from Minnesota, is leading the charge. This fascinating history of the antitrust movement shows us what led to the present moment and offers achievable solutions to prevent monopolies, promote business competition, and encourage innovation.

In a world where Google reportedly controls 90 percent of the search engine market and Big Pharma's drug price hikes impact healthcare accessibility, monopolies can hurt consumers and cause marketplace stagnation. Klobuchar--the much-admired former candidate for president of the United States--argues for swift, sweeping reform in economic, legislative, social welfare, and human rights policies, and describes plans, ideas, and legislative proposals designed to strengthen antitrust laws and antitrust enforcement.

Klobuchar writes of the historic and current fights against monopolies in America, from Standard Oil and the Sherman Anti-Trust Act to the Progressive Era's trust-busters; from the breakup of Ma Bell (formerly the world's biggest company and largest private telephone system) to the pricing monopoly of Big Pharma and the future of the giant tech companies like Facebook, Amazon, and Google.

She begins with the Gilded Age (1870s-1900), when builders of fortunes and rapacious robber barons such as J. P. Morgan, John Rockefeller, and Cornelius Vanderbilt were reaping vast fortunes as industrialization swept across the American landscape, with the rich getting vastly richer and the poor, poorer. She discusses President Theodore Roosevelt, who, during the Progressive Era (1890s-1920), busted the trusts, breaking up monopolies; the Clayton Act of 1914; the Federal Trade Commission Act of 1914; and the Celler-Kefauver Act of 1950, which it strengthened the Clayton Act. She explores today's Big Pharma and its price-gouging; and tech, television, content, and agriculture communities and how a marketplace with few players, or one in which one company dominates distribution, can hurt consumer prices and stifle innovation.

As the ranking member of the Senate Judiciary Subcommittee on Antitrust, Competition Policy, and Consumer Rights, Klobuchar provides a fascinating exploration of antitrust in America and offers a way forward to protect all Americans from the dangers of curtailed competition, and from vast information gathering, through monopolies.

Klobuchar, Amy: - Amy Klobuchar, the daughter of a newspaperman and a schoolteacher, is Minnesota's senior United States Senator. A Democrat, she was first elected to the Senate in 2006; she was later reelected in a landslide and named to Senate leadership. A national leader, she has a well-earned reputation for working across the aisle to pass legislation that supports families, workers and businesses. She and her husband John have a daughter, Abigail, who is in college.

SKU	Unavailable
ISBN 13	9780525654896
ISBN 10	0525654895
Title	Antitrust
Author	Amy Klobuchar
Condition	Unavailable
Binding Type	Hardback
Publisher	Alfred A. Knopf
Year published	2021-04-27
Number of pages	624
Cover note	Book picture is for illustrative purposes only, actual binding, cover or edition may vary.