The U.S. Chamber of Commerce is pleased to share this report. The Chamber and its members have long been committed to aligning trade, regulatory and competition policy in support of open and competitive markets. In recent years, however, the Chamber has grown concerned with disparate approaches to antitrust enforcement around the world and increasingly misguided uses of antitrust as a means to achieve industrial policy outcomes.
The U.S. Chamber of Commerce welcomes a report issued today by an independent group of experts it commissioned to consider U.S. responses to the inappropriate use of antitrust enforcement actions worldwide to achieve industrial policy outcomes. In preparing the report, the group drew upon its members’ decades of experience in competition, trade, and economic policy in deliberations independent of the Chamber.
The U.S. Chamber of Commerce today released two reports on best practices for privacy regulators and the economic impact of cross-border information and communications technology (ICT) services. The first report reveals $1.72 trillion in global GDP gains that could result from reducing market and regulatory barriers to cross-border ICT services. The second report highlights best practices for global data protection authorities (DPAs) that will contribute to effective data protection governance.
This report uses a model to quantify the economic impact of full liberalisation of cross-border ICT services rules globally by creating an open, competitive marketplace. The report examines a group of eight globally important markets from a diverse range of economic development, including Brazil, the European Union, Indonesia, Japan, Korea, Nigeria, Turkey, and Vietnam. Our findings demonstrate across the board benefits.
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