Biden Seeks $100 Million Boost for Justice’s Antitrust Muscle

President Joe Biden is asking for a $100 million increase in the fiscal year 2024 budget for the Justice Department’s antitrust division, underscoring his focus on enforcing against companies’ anticompetitive conduct.

“Vigorous marketplace competition through robust enforcement of antitrust law can help reduce costs and raise wages,” according to the Budget of the US Government for Fiscal Year 2024 released Thursday.

The antitrust division, which had a $225 million budget in fiscal year 2023, will likely receive only a fraction of the increase sought by the administration.

Even in the last Congress, with both chambers under Democratic control, Biden’s request ...