Antitrust
The Chamber advocates for antitrust laws that benefit all consumers and businesses and do not target specific companies or industries.
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With the trial phase of the United States v. Google case complete, the court must now focus on determining a remedy that addresses specific unfair practices without stifling competition.
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Antitrust laws ensure competition in free and open markets, which is the foundation of any vibrant, diverse, and dynamic economy. Healthy market competition benefits consumers through lower prices, higher quality products and services, more choices, and greater innovation.
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It's important to understand what current antitrust laws are and are not.
In Franz Kafka’s The Trial, a man is prosecuted by a remote, inscrutable authority. With the nature of his offense unclear and the court’s jurisdiction ambiguous, the entire process becomes bewildering and interminable. As he navigates a labyrinth of bureaucratic traps, the proceedings themselves “gradually merge into the judgment.” Ultimately, Kafka’s character is deemed guilty, without ever hearing the charges against him or having a chance to defend himself.
In 1914, the Federal Trade Commission (FTC) was created when President Woodrow Wilson signed the Federal Trade Commission Act into law. Since its founding, the FTC has held a unique and multifaceted role in the U.S. administrative state and the economy.
This Hill letter was sent to the Members of the Senate Committee on the Judiciary, on several bills scheduled to be considered during a July 29 hearing.
This letter was sent to the Director-General for Competition at the European Commission to express the Chamber's serious concerns in relation to the European Commission Guidance on the application of the referral mechanism set out in Article 22 of the EU Merger Regulation.
This Hill letter was sent to the Members of the U.S. House of Representatives, opposing H.R. 2668, the "Consumer Protection and Recovery Act."
This Coalition letter was sent to the Members of the Senate Committee Commerce, Science, and Transportation on the Federal Trade Commission's statutory authority and H.R. 2668, the "Consumer Protection and Recovery Act."
This Hill letter was sent to the Members of the U.S. House of Representatives, opposing H.R. 3849, H.R. 3816, H.R. 3825, and H.R. 3826. These bills are on the Legislative Leadership list for the “How They Voted” scorecard.
The U.S. Chamber of Commerce writes to express our concerns with the Open Meeting scheduled for July 1, 2021 that was noticed on June 24, 2021.[1] Although the Federal Trade Commission (“FTC” or “Commission”) has expressed its intention to “open the work of the Commission” to the public, the FTC has failed to provide meaningful notice or adequate opportunity to comment on the pending items to be voted upon on July 1.
WASHINGTON, D.C. — The following statement can be attributed to the Neil Bradley, executive vice president and chief policy officer, U.S. Chamber of Commerce. "What we have witnessed over the last two days is a failure to understand the central role the consumer plays in our antitrust laws. Further, efforts to politically target a handful of companies is a particularly bad look coming from the House Judiciary Committee, which should reflexively reject legislation that is arguably unconstitutional."
