Klobuchar’s Wrong Formula for Antitrust

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Posted: Jun 22, 2022 12:01 AM

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America is facing a host of issues right now. Inflation is showing no signs of slowing down which is devaluing the paycheck of every American citizen. Further, the country is still experiencing a host of supply chain issues stemming from the global effects of COVID-19 lockdowns from the last two years. This has culminated in a concerning shortage of baby formula in the United States, leaving many young families in dire straits. Lawmakers in Washington are scrambling for solutions for the baby formula problem.

Sen. Amy Klobuchar (D-Minn.) offered her solution to the baby formula crisis on Twitter last weekend, saying, “To prevent shortages like these from happening again, we need to get to the root of the problem. We have to modernize antitrust laws.” Klobuchar would follow up that take shortly thereafter with this, “Monopolies and duopolies are causing shortages. Multinational shipping conglomerates and Big Tech companies are making it harder for small businesses to compete.”

At this point, one would be

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