The U.S. Chamber of Commerce’s Center for Global Regulatory Cooperation (GRC) seeks to align trade, regulatory, and competition policy in support of open and competitive markets. The GRC has a proven track record of being at the forefront of international economic policy developments and advancing new provisions to meet 21st century challenges in trade and investment agreements.
Policy Areas of Focus:
Global Connect is the leading business voice on international digital economy policy, including on issues of digital trade, cross-border data flows, data privacy, cybersecurity, artificial intelligence, and emerging conversations around platform regulation. We support good regulatory practices, sound policy frameworks, and high-standard trade disciplines for the digital economy—and push back against protectionist measures that distort digital markets.
Better Regulation & Cooperation
We promote the use of government-to-government regulatory cooperation initiatives and the implementation of Good Regulatory Practices (GRPs) between foreign governments. GRPs include commitments to transparency, collaboration between governments and stakeholders, and the use of risk and science-based decision making. Also, we work to shape the international roles and responsibilities of U.S. regulators while working with member companies to address regulatory challenges in specific sectors.
Competition Policy & Antitrust
Competition policy and antitrust enforcement are essential to the competitive operation of markets. We advocate that antitrust enforcement should be transparent, fair, predictable, reasonably stable over time, and consistent across jurisdictions. Further, we believe that all antitrust investigations and enforcement decisions should be based on sound economic analysis and that governments should not use competition policy as an industrial policy tool to achieve protectionist goals that circumvent commitments to trade and open markets.
We advocate for an open climate for investment around the world. Policy priorities include: safeguards against inappropriate, market-distorting, government-led, or directed investment; national security reviews of investments that are conducted in a transparent, systematic, and expeditious manner, with a focus on strictly defined national security criteria; removal of inappropriate investment barriers on foreign ownership; and further development and advancement of U.S. bilateral investment treaties that include an investor-state dispute settlement mechanism.
We have been at the leading edge of policy development, examining existing international disciplines on national champions; identifying gaps in U.S. trade, investment, and antitrust laws; and advancing potential solutions to ensure that where government is involved in the marketplace, private firms are not subject to discrimination.