In the American economy, mergers and acquisitions are a catalyst for economic activity and wellbeing—benefiting consumers, workers, and businesses. However, the FTC is claiming that an aggressive approach to antitrust enforcement will yield benefits for investors and startup founders. But in reality, the opposite is true. Such an approach increases uncertainty for startups—threatening critical funding […]
Last Congress, the Journalism Competition and Preservation Act (JCPA) ultimately failed due to numerous problems with the legislation, including content moderation concerns and competition issues. Despite members of Congress reintroducing JCPA, this time will likely be no different as the text is identical and all these concerns remain. Similarly, the California Journalism Preservation Act (CJPA), […]
This week, antitrust experts gathered in D.C. to discuss today’s antitrust landscape and the future of competition policy. Here’s what you need to know: 1) The week started with the FTC and DOJ Annual Spring Enforcers Summit, where agency leaders doubled-down on their plan to expand Section 5 enforcement. The FTC’s plan for expanded Section […]
According to the latest Consumer Price Index (CPI) numbers, prices in the overall economy increased by 0.4% in February, with the annual inflation rate at 6% from last year. However, prices of online goods continued to fall, with digital prices dropping 0.3% from January 2023 and 1.4% from February 2022, according to the Adobe Digital […]
As the Senate Judiciary Committee prepares to revisit failed anti-tech legislation, it is important to remember the serious risks posed by the American Innovation and Choice Online Act (AICOA), the Open App Markets Act (OAMA), the Journalism Competition and Preservation Act (JCPA), and other bills like them. There’s a reason why each of these bills […]
The U.S. tech industry has been a core driver of innovation for Americans and businesses of all sizes. But overzealous regulation by bureaucrats and lawmakers threatens American innovation and American competition abroad. Here’s what you need to know: — Overregulation stifles American innovation — Tech innovation supports U.S. competition abroad, especially with China — Tech […]
On September 8, the Journalism Competition and Preservation Act (JCPA) was held over amid concerns over the bill’s impact on content moderation. The same content moderation concerns in the JCPA are also present in the American Innovation and Choice Online Act (AICOA) and experts from Free Press, TechFreedom, and Taxpayers Protection Alliance have all noted […]
Sean Heather, Senior Vice President of International Regulatory Affairs & Antitrust at the U.S. Chamber of Commerce, warns of three reasons why the pending anti-tech bills “will mark the beginning, not the end, of the government’s latest assault on the free market.” 1. The bills outlaw practices “routinely used today” across “every industry.” “Each of […]
Sen. Klobuchar’s revised American Innovation and Choice Online Act (AICOA) recognizes the original bill’s numerous problems, as raised by a bipartisan group of 13 senators during January’s Senate Judiciary Committee markup, but solves none of them. Even worse, this new legislation explicitly carves out big telecommunications, banks, and credit card companies. Without the special exemption, an […]
Representative Eric Swalwell (D-Calif.), member of the House Committees on Intelligence and Homeland Security, recently raised serious questions about how congressional anti-tech bills would harm U.S. national security. These concerns add to a growing chorus of national security experts who have expressed serious concerns about the bills’ impact on American security and competitiveness. Swalwell explained: […]
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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