WASHINGTON – In the wake of the Federal Trade Commission’s (FTC) antitrust suit against Amazon, National Review featured Competitiveness Coalition Chair Scott Brown’s response to the baseless case. Chair Brown criticized the FTC for launching such a misguided suit, particularly at a time when “every economic metric is moving in the wrong direction”:
Scott Brown, chairman of the Competitiveness Coalition nonprofit, released a statement following the news, saying the antitrust lawsuit “is Bidenomics at its finest.”
“From lingering inflation, higher borrowing costs and souring views on the labor market, almost every economic metric is moving in the wrong direction, and the Biden Administration is now trying to take away a service relied on by 180 million Americans,” Brown said.
“Since her time at Yale Law school, FTC Chair Lina Khan has made Amazon her white whale, and today she got her wish. Her stunt is the latest in a long series of egregious overreach, and should be rejected like countless other cases brought forward by this FTC,” he added. “If it isn’t, the American consumer is in for a world of pain.”
For more than a year, the Competitiveness Coalition has sounded the alarm on how the FTC has lost its way under Chair Khan as it continues to carry out a hard-left agenda that threatens American innovation, commerce and competitiveness. In July, the Coalition submitted a Freedom of Information Act records request to the FTC regarding suspected collusion between the agency and European regulators. Earlier this spring the Coalition urged Congress to reject the FTC’s request for additional funding for fiscal year 2024.
FTC and 17 States Bring Sweeping Antitrust Lawsuit against Amazon
By David Zimmerman
The Federal Trade Commission and 17 state attorneys general on Tuesday filed a lawsuit against Amazon, accusing the e-commerce company of monopolistic practices that raise prices for consumers and prevent competitors from getting into the online-shopping marketplace.
“Amazon is a monopolist and it is exploiting its monopolies in ways that leave shoppers and sellers paying more for worse service,” FTC chair Lina Khan told reporters.
“In a competitive world, a monopoly hiking prices and degrading service would create an opening for rivals and potential rivals to … grow and compete,” she added. “But Amazon’s unlawful monopolistic strategy has closed off that possibility, and the public is paying dearly as a result.”
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Scott Brown, chairman of the Competitiveness Coalition nonprofit, released a statement following the news, saying the antitrust lawsuit “is Bidenomics at its finest.”
“From lingering inflation, higher borrowing costs and souring views on the labor market, almost every economic metric is moving in the wrong direction, and the Biden Administration is now trying to take away a service relied on by 180 million Americans,” Brown said.
“Since her time at Yale Law school, FTC Chair Lina Khan has made Amazon her white whale, and today she got her wish. Her stunt is the latest in a long series of egregious overreach, and should be rejected like countless other cases brought forward by this FTC,” he added. “If it isn’t, the American consumer is in for a world of pain.”
Read the full National Review article here.
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