(The Center Square) – Proposed legislation in Congress that would strengthen antitrust enforcement could cost the U.S. economy more than $319 billion if enacted, according to a recent economic study.
The study was conducted by the National Economic Research Associates (NERA), an economic consulting firm, and commissioned by the Computer & Communications Industry Association (CCIA), a free-enterprise trade organization. It is one of the first comprehensive studies to examine the impacts of legislation proposed by U.S. Sen. Amy Klobuchar, D-Minn., and U.S. Rep. David Cicilline, D-R.I.
Cicilline and Klobuchar last year introduced S. 225, also known as the Competition and Antitrust Law Enforcement Act, that seeks to overhaul the nation’s antitrust laws.
The bill would increase enforcement resources for regulatory…