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Sen. Mike Lee to head antitrust subcommittee

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WASHINGTON — Sen. Mike Lee, R-Utah, has announced that he will serve as chairman of the Senate Judiciary Subcommittee on Antitrust, Competition Policy and Consumer Rights.

Sen. Amy Klobuchar, D-Minn., is the subcommittee's ranking member.

"This important subcommittee ensures that our nation’s antitrust laws are faithfully executed and that, above all, consumers are protected through proper congressional oversight of the free-market competition that generates economic growth and sustains consumer welfare," Lee said.

"My goal is to protect the free market as place where competition can thrive, ideas can flourish, regulatory costs are limited, and consumers are the final arbiters of who wins and loses. For the past two years, Sen. Klobuchar and I have had a productive bipartisan working relationship, and I am certain we will continue making progress in the same way," he said.

Sens. Lee and Klobuchar said that during this Congress, the subcommittee will continue its oversight of antitrust enforcement at the Department of Justice and Federal Trade Commission, as well as examine important developments in competition policy and proposed reforms to antitrust laws.

The panel will also continue its work investigating the state of competition in industries including the Internet sharing economy, music performance licenses, online and television media and video services, wireless and broadband connections, and prescription drugs.

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