The legislation would bar mergers involving a company with over $40 billion in annual sales and grant gig workers the power to unionize.
Sen. Elizabeth Warren is drafting a bill that would ban "mega mergers" between the nation's largest companies and grant gig workers the power to unionize.
Democratic presidential candidate Sen. Elizabeth Warren speaks during a Town Hall at Keene State College on September 25, 2019 in Keene, New Hampshire.is drafting a bill that would ban "mega mergers" between the nation's largest companies as well as try to improve the bargaining power of short-term and temporary workers.
The proposal would broaden antitrust law beyond the 40-year-old consumer welfare standard, the framework that has dictated antitrust policy in the U.S. for a generation. Under existing regulation, the federal government's antitrust policies assess mergers based on their potential to hurt American consumers with monopolistic prices or diminished quality.
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