WASHINGTON – Senator Mike Lee (R-UT) issued the following statement upon taking the gavel as Chairman of the U.S. Senate Judiciary Subcommittee on Antitrust, Competition Policy, and Consumer Rights:

I am honored to reclaim the gavel from my colleague Senator Klobuchar and resume my role as Chairman of the U.S. Senate Judiciary Subcommittee on Antitrust, Competition Policy, and Consumer Rights for the 119th Congress.  Antitrust and competition policies are fundamental to maintaining dynamic markets and ensuring the strength of our American economy. Capitalism thrives on competition, which fuels innovation, efficiency, and consumer benefits.

As Chairman, I remain committed to holding Big Tech accountable for anticompetitive conduct and advancing critical legislation, such as the AMERICA Act, to break up monopoly power in the advertising technology sector and unlock competition. In addition to big tech—sectors such as healthcare, media, and airlines have seen increased consolidation and raise competitive concerns. I look forward to examining solutions to reinvigorate competition for the benefit of consumers.

Additionally, across many industries government regulations can create entry barriers that stifle innovation and entrench dominant players. Ensuring that consumers benefit from innovation and competitive economy call for evaluating and removing regulatory obstacles that prevent new entrants from challenging entrenched incumbents.

The goal is to ensure that the free market remains a vibrant arena, where competition thrives, ideas flourish, and innovation prospers, benefiting consumers. I am eager to work with my colleagues on both sides to accomplish these goals for the American people. 

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 For more information on the Judiciary Committee and the Antitrust Subcommittee, please click HERE.