BIG by Matt Stoller • 15241 implied HN points • 04 Mar 24
- There is a proposal to cut $45 million from the Antitrust Division's budget, reducing it by roughly 20%, which could impact their enforcement efforts against monopolies.
- The Antitrust Division's funding comes partially from fees paid by corporations involved in mergers, and a recent proposal could subject the Division to the normal appropriations process instead.
- The current bill is still subject to modifications, so there is a possibility of adjustments to the proposed budget cut for the Antitrust Division.