Antitrust

U.S. Senator Josh Hawley (R-Mo.) sent a letter to Assistant Attorney General Jonathan Kanter urging the Department of Justice to investigate The Fair Isaac Corporation’s (FICO) potentially anticompetitive practices.  “The credit score market is dominated by FICO, a for-profit company operated under a sweetheart deal from the federal government,” wrote Senator Hawley. “Because of this government-granted monopoly, FICO enjoys a 90 percent market share in the...

U.S. Senator Josh Hawley (R-Mo.) sent a letter to Department of Justice (DOJ) Assistant Attorney General for the Antitrust Division Jonathan Kanter, urging him to block the merger between Capital One and Discover Financial Services. "This is destructive corporate consolidation at its starkest. If consummated, this merger will create a new juggernaut in the credit card market, with unprecedented powers to extort American consumers. That cannot be allowed to...

Today U.S. Senator Josh Hawley (R-Mo.) released the following statements, condemning the recently announced Capital One-Discover merger and calling for the deal to be blocked. Senator Hawley also renewed his push to cap credit card interest rates at 18 percent to provide relief for working Americans. Sounds like the credit card companies finding another way to screw the American people. This merger should be blocked - and Congress ought to cap credit card...

Today U.S. Senator Josh Hawley (R-Mo.) sent a letter to U.S. Senate Minority Leader Mitch McConnell (R-Ky.), citing concerns about two of his recommended nominees. Senator Hawley appended questions to his letter for the nominees to the Federal Trade Commission (FTC) and the National Transportation Safety Board (NTSB) to answer regarding their policy views on several issues, including Big Tech and rail safety. Senator Hawley is currently holding both nominees.  Senator...

Today U.S. Senator Josh Hawley (R-Mo.) delivered remarks on the Senate Floor and called for unanimous consent to pass his bill, the No Section 230 Immunity for AI Act. This legislation would clarify that Section 230 immunity does not apply to claims related to generative AI, ensuring consumers have the tools they need to protect themselves from harmful content produced by the latest advancements in AI technology. “We have seen what [Big Tech companies] do with their subsidy from...

Today U.S. Senator Josh Hawley (R-Mo.) released the following statement after securing a commitment from Tyson Foods CEO Donnie King to help Missouri farmers and protect jobs for hard working Missourians. I spoke with the CEO of Tyson Food today, Donnie King. He told me, first, Tyson is willing to sell its facilities in Dexter and Noel, Missouri to any interested party - including a competitor. I was glad to hear it, because anything less would violate antitrust laws. I hope Tyson… —...

Today U.S. Senator Josh Hawley (R-Mo.) introduced the Strengthening Antitrust Enforcement for Meatpacking Act to empower antitrust enforcers to break up giant meatpacking and poultry monopolies and place power back in the hands of Missouri's farmers and workers. The introduction of Senator Hawley's legislation comes after Tyson Foods announced it will be closing the doors of its poultry plants in southern Missouri, costing the state more than 2,000 jobs. "Today's...

Today in a Senate Judiciary Committee hearing, U.S. Senator Josh Hawley (R-Mo.) asked Berkeley Law professor Khiara M. Bridges to clarify what she meant by the term 'people with a capacity for pregnancy.' She responded by calling Senator Hawley's line of questioning "transphobic." Below is an excerpt of the exchange:  Hawley: I just want to clear one thing up, Professor Bridges. You said several times, you've used a phrase, I want to make sure I understand what you mean by it. You've...

Today U.S. Senator Josh Hawley (R-Mo.) introduced the Copyright Clause Restoration Act, a new bill to strip woke corporations like Disney of special copyright protections. Senator Hawley’s bill would limit new copyright protections to 56 years and make the change retroactive for massive corporations like Disney that have been granted unnecessarily long copyright monopolies. Senator Hawley said, “the age of Republican handouts to Big Business is over. Thanks to special copyright protections...