Rep. Cicilline Leading Push for Moratorium on Unnecessary Corporate Mergers in Next Relief Package
May 06, 2020
May 06, 2020
WASHINGTON, May 6 -- Rep. David Cicilline, D-Rhode Island, issued the following news release:
Antitrust Subcommittee Chairman David N. Cicilline (RI-01) is leading House lawmakers in urging that the next COVID-19 relief package include language prohibiting corporate mergers that do not involve the purchase of a severely distressed company.
"Powerful corporations and private equity firms are standing ready to exploit this crisis for unfair financial gain. We know th . . .
Antitrust Subcommittee Chairman David N. Cicilline (RI-01) is leading House lawmakers in urging that the next COVID-19 relief package include language prohibiting corporate mergers that do not involve the purchase of a severely distressed company.
"Powerful corporations and private equity firms are standing ready to exploit this crisis for unfair financial gain. We know th . . .