WASHINGTON – In an op-ed in the Union Leader, Competitiveness Coalition Chair Scott Brown critiques the Federal Trade Commission’s (FTC) misguided lawsuit against Amazon that takes aim at the company’s widely popular Prime services.
“As a protege of Sen. Elizabeth Warren, D-MA, FTC Chair Lina Khan’s relentless crusade against American tech companies has been disappointing but all too predictable,” writes Brown. “Re-writing antitrust rules while punishing successful innovators like Amazon has been core to her ideological mission since her days at Yale Law School. As she has sought to exceed the FTC’s statutory authority, it is no wonder that the judicial system has rejected her efforts.”
Brown goes on to highlight how Khan’s lawsuit, “has little merit under existing antitrust statutes, is likely to be struck down by courts, it sends the wrong message to companies, investors, and entrepreneurs alike: that America is increasingly waging an ideological struggle against capitalism and technological innovation. By discouraging future acquisitions and tech investment, the Commission’s increasingly hostile approach risks weakening American innovation, while doing little to address legitimate consumer concerns like online fraud and scams.”
Last month the Competitiveness Coalition, in partnership with member the Josiah Bartlett Center For Public Policy, conducted a poll of 800 GOP voters in New Hampshire, the First in the Nation primary state. In his op-ed, Brown cites compelling statistics from the poll, demonstrating how most voters are focused on inflation and a struggling economy, rather than attacking popular services.
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Launched in April 2022, 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. For more information, please visit competitivenesscoalition.com. Members of the press can contact the coalition at email@example.com