WASHINGTON – In a recent interview with SiriusXM’s Julie Mason Mornings, Competitiveness Coalition Chair Scott Brown criticized the slew of misguided antitrust bills currently under review in the U.S. Senate for providing a backdoor for bad actors to access Americans’ data and cede too much power to the Federal Trade Commission.
Brown argued that the interoperability mandate in Sen. Amy Klobuchar’s (D-MN) American Innovation and Choice Online Act “gives an opening to the Chinese Communist Party, whose goal as we all know, is to surpass and destroy the U.S. tech sector.”
The interview comes shortly after Brown and Market Institute President Charles Sauer sounded the alarm in a joint Washington Times op-ed about how the left’s continued push to spend excessively and pass anti-entrepreneurial bills will worsen the inflation crisis.
Speaking to Julie Mason about the impact of the legislation on a teetering global economy, Brown noted the proposal would add, “more and more government regulation at a time when inflation numbers are off the charts.”
Last month, Sen. Klobuchar acknowledged in a statement to TIME the possibility that the bill may be taken up in the lame-duck session. Earlier this year, former Obama White House economic advisor Larry Summers warned that “hipster antitrust” policies, like those reflected in the bill, could make the economy “more inflationary and less resilient.”
The Competitiveness Coalition is a first-of-its-kind group educating the public and advocating for policies that put consumers first while fostering innovation and attracting new investment.