U.S. legislative proposals could undermine U.S. economic and security interests and strengthen foreign rivals without any apparent benefit to U.S. consumers.
Antitrust laws ensure competition in free and open markets, which is the foundation of any vibrant, diverse, and dynamic economy. Healthy market competition benefits consumers through lower prices, higher quality products and services, more choices, and greater innovation. The Chamber advocates for antitrust laws that benefit all consumers and businesses and do not target specific companies or industries.
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Radical changes to antitrust laws are not the answer.
Here are three reasons why the simplicity of existing antitrust laws are also the laws' greatest strength.
What is the Utah Statement? Critics of antitrust have been tough to pin down, they have often spoken in grand and emotionally loaded terms, leveled vague criticisms, all while being cagey about what they really want.
“It is a flawed premise that our antitrust laws no longer work and that the outcome in the market is better guided by government, not consumers. Any contemplated changes to our antitrust laws will impact all sectors of our economy. We urge members of Congress to refrain from relying on this one-sided staff report to guide future legislation.”
U.S. Chamber Executive Vice President and Chief Policy Officer Neil Bradley issued the following statement in response to today’s House Judiciary Subcommittee hearing on online platforms and market power.
Breaking down all things antitrust laws: why they matter, how they impact the market, and more.
Various antitrust jurisdictions across the globe are considering big changes to their antitrust laws that could stray from sound economics.
Comments to the Federal Trade Commission in response to the FTC’s request for comment regarding employers’ use of non-compete agreements.
The relationship between antitrust and innovation is complex.
There are reasons for concern with this decision.