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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While the White House has rightly pushed back against Europe’s Digital Markets Act, Congress is considering similar legislation with the American Innovation and Choice Online Act – which would limit competition in the tech industry.
This Hill letter was sent to the Members of the Senate Judiciary Committee's Subcommittee on Competition Policy, Antitrust, and Consumer Rights, on the hearing, “Baby Formula and Beyond: The Impact of Consolidation on Families and Consumers.”
This Coalition letter was sent to the Members of the United States Congress, opposing S. 2992, the “American Innovation and Choice Online Act,” and S. 2710, the “Open App Markets Act."
The American Innovation and Online Choice Act would give unprecedented authority to FTC and DOJ bureaucrats to micro-manage the American economy and pick winners and losers in the marketplace.
This Key Vote Alert! letter was sent to the Members of the United States Senate, opposing S. 2992, the "American Innovation and Choice Online Act."
The letter outlines concerns that the FTC and DOJ Listening Forums on mergers and acquisitions were intentionally designed to cast mergers as harmful.
While some in Congress consider new antitrust legislation, here's why maintaining the consumer welfare standard is vitally important.