Key Democrat seeks to pause mergers to prevent pandemic ‘buying spree’ by big business

Published April 23, 2020 4:27pm ET



The House Judiciary Committee’s antitrust panel Chairman David Cicilline is pushing for a temporary stop on most business mergers until the pandemic ends, in order to avoid a “buying spree” from bigger companies that could squelch competition in the long run.

The Rhode Island Democrat wants the next coronavirus economic package to ban all deals that aren’t directly connected to companies about to fail.

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