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The Democrats' 'Better Deal' takes aim at corporate mergers — but does it have teeth?




Senate Minority Leader Chuck Schumer of N.Y. and House Minority Leader Nancy Pelosi of Calif. lead Congressional Democrats to a news conference to unveil their new agenda, Monday, July 24, 2017, in Berryville, Va. House and Senate Democrats are offering a retooled message and populist agenda, promising to working Americans
Senate Minority Leader Chuck Schumer of N.Y. and House Minority Leader Nancy Pelosi of Calif. lead Congressional Democrats to a news conference to unveil their new agenda, Monday, July 24, 2017, in Berryville, Va. House and Senate Democrats are offering a retooled message and populist agenda, promising to working Americans "someone has your back." (AP Photo/Cliff Owen)
Cliff Owen/AP

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The Democrat establishment makes a grand gesture to its populist sectors in the unveiling of their economic agenda, “The Better Deal” (Feel free to make associations with the “New Deal” and “Art of the Deal”—it’s practically invited).

One key component: the targeting of corporate mergers that “would harm consumers, workers, and competition,” and play a role in driving up the cost of our day-to-day necessities. While there are plenty of industries you’d expect such initiatives to target, like cable and internet services, there are some you might not—like the beer industry, for example, or eyewear.

Why these industries, and is there any real teeth to this agenda? Take Two host A Martinez talks to Phillip Berenbroick, senior policy counsel at Public Knowledge, a consumer watchdog group, to help separate the PR from the policy.

To listen to the interview, click the media player above.