U.S. Chamber Calls Antitrust Report a Deeply Flawed Basis for Any Legislative Conversation

Tuesday, October 6, 2020 - 5:15pm

WASHINGTON, D.C.—U.S. Chamber of Commerce President Suzanne Clark issued the following statement today in response to the majority staff report released by the House Judiciary Subcommittee on Antitrust, Commercial and Administrative Law:

“The U.S. Chamber has long supported vigorous enforcement of antitrust laws to promote a competitive and innovative American economy. While Congress has an important oversight role to play in keeping a watchful eye on the federal antitrust agencies, it must do so without politicizing any investigation. For more than a year, the underlying efforts of the Subcommittee have been driven by a predetermined outcome—a misguided belief that we need to change our antitrust laws.

“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.”