Chair Scott Brown Says Politicization of the FTC Hurts the American Economy
WASHINGTON – Competitiveness Coalition Chair Scott Brown today released the following statement after the Senate Judiciary Subcommittee on Competition Policy, Antitrust, and Consumer Rights concluded a hearing examining federal antitrust enforcement that featured FTC Chair Lina Khan and Assistant Attorney General for the Antitrust Division Jonathan Kanter as witnesses.
“It’s clear that the FTC’s long history of bipartisanship has been abandoned under Chair Lina Khan, and today’s hearing laid bare how the agency’s increasingly political agenda threatens the health of the U.S. economy,” said Chair Scott Brown. “Conservative lawmakers should recognize that while federal regulators within the Biden Administration are already targeting American businesses of all sizes, these bureaucrats could amass even more authority if Congress passes misguided antitrust legislation on the docket this fall. Bills such as the American Innovation and Choice Online Act represent an unprecedented level of government expansion and could worsen the current inflation problem right in front of us.”
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