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CR statement to Senate Antitrust Subcommittee: Does America have a “monopoly problem”?

SUMMARY: Written statement from Consumer Reports to the Senate Subcommittee on Antitrust, Competition Policy, and Consumer Rights, for its hearing on “Does America Have a Monopoly Problem?: Examining Concentration and Competition in the U.S. Economy.” The statement argues that the antitrust laws need to be reaffirmed, and their vitality restored, so that they can effectively fulfill their critical role in helping ensure that America’s market economy works for all Americans.