As businesses of all sectors face an unprecedented shift in legislation and enforcement from Congress and the FTC, lawmakers and policymakers must keep in mind the importance of the Consumer Welfare Standard (CWS), an antitrust philosophy backed by decades of legal precedent. Here’s what you need to know: — The CWS is the time-tested, bipartisan […]
Last week, the Department of Justice, along with several states, filed a lawsuit against Google that could upend an advertising ecosystem that benefits publishers and advertisers and lowers prices, ignores the robust state of competition in the advertising space, and “largely duplicates an unfounded lawsuit by the Texas Attorney General, much of which was recently […]
As the new Congress and regulatory agencies kick into gear for 2023, it’s important to remember that regulating America’s leading tech companies is not a priority for consumers. Recent polling highlights that consumers want the government to focus on more pressing issues, such as the economy and inflation—and to avoid breaking popular tech tools and […]
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 […]
The FTC has been making moves to usurp the powers of Congress by creating its own rules and the function of the courts by serving as the enforcer of its own rules. The FTC has been moving further and further away from the consumer welfare standard, and these changes have significant consequences for all industries […]
Following its 2021 withdrawal of 2015 Obama-era guidance on ‘unfair methods of competition,’ late last year, the FTC issued new enforcement principles under Section 5. The FTC has now claimed the authority to issue rules based on conduct it deems an unfair method of competition. Experts have raised concerns over its legal overreach and harm […]
In a last-minute effort to advance the Open App Markets Act (OAMA), the bill’s sponsors are moving to attach the bill to must-pass legislation. Senators have removed key digital safety provisions—making what was already a misguided bill even more detrimental to consumers and the digital services they love. Here’s what you need to know: Bill […]
In October and November, Competition Policy International (CPI) and CCIA held a four-part series on Challenges to Antitrust in a Changing Economy. The events featured panels of lawyers, journalists, Hill staffers, and professors discussing the shifting landscape around antitrust policy. Notable panelists included Former Assistant Attorney General Barry Nigro, former General Counsel at FTC Alden […]
As Congress considers lame duck passage of the Open App Markets Act (OAMA) or inclusion in must-pass budget bills, it’s important to remember the serious security and content moderation risks presented by the legislation. OAMA Presents Serious Cybersecurity And National Security Risks OAMA “breaks critical cybersecurity protections,” says Taxpayers Protection Alliance Executive Director Patrick Hedger. […]
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.
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