The bill would increase and shift the burden for many merger reviews, introduce new categories of prohibited conduct, and undo important common law defenses to single-firm conduct.

On February 4, 2021, Senator Amy Klobuchar, the incoming chair of the US Senate Judiciary Committee’s Antitrust Subcommittee, presented a sweeping antitrust reform bill, named the Competition and Antitrust Law Enforcement Reform Act of 2021 (CALERA).

This Client Alert provides an overview of CALERA and its likely impact if it were to pass as currently presented.