Springboard

Powered by CCIA

  • Learn More
  • Deeper Dive
    • Fact Checks
    • Good Reads
    • Primers
  • Get Updates
Search

As Online Prices Fall, The Government Should Not Promote Policies That Would Raise Prices For Consumers

Inflation continued to slow in December, providing much-needed relief for consumers. Online prices fell by 1.6% according to the latest Digital Price Index (DPI) numbers from last month. Meanwhile the Consumer Price Index (CPI) showed the increase in overall prices slowed to 6.5% from last year, marking the biggest drop since April 2020.

However, as inflation remains high and the nation approaches the debt ceiling, now is not the time for Congress to pass legislation that would raise prices for consumers and impede access to tech products. Further, FTC overreach could similarly raise prices, hinder innovation, and hurt overall consumer welfare—including by targeting retailers for offering low prices to consumers.

Learn more about why anti-tech legislation is bad for consumers here, here, and here.

Consumer Welfare

Learn more about how growth helps all Americans

Hostility to innovation and technology diminishes the incredible Internet-enabled opportunities that leading tech services provide: empowering consumers, driving prices down and increasing choice, and providing platforms to help entrepreneurs grow their businesses. It has given us a golden era of entertainment, knowledge, and everything from fashion startups, to booming mom and pop stores, to the latest app.

No spam, we promise.

Powered by CCIA

Springboard provides data, insights, and perspectives on the benefits that competition among leading tech services delivers for consumers, businesses, and communities -- advancing ideas that keep tech empowering people.

@SpringboardCCIA

© 2023 CCIA. All rights reserved.

  • Learn More
  • Deeper Dive
    • Fact Checks
    • Good Reads
    • Primers
  • Get Updates