From Americans for Prosperity <[email protected]>
Subject The Federal Trade Commission is overstepping its bounds
Date October 29, 2024 9:01 PM
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The FTC’s powers are limited for a reason  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏
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Hello John,



At a time when millions of Americans are struggling to deal with record
inflation, skyrocketing health care costs, and more, one federal agency seems
intent on adding to their burden.



The Federal Trade Commission (FTC) was established over 100 years ago to
protect consumers and competition.



That’s a large mission. One that might tempt political leaders to punish
disfavored businesses through enforcement actions.



But that’s why there are limits to the FTC’s powers.



Most importantly, the FTC can only bring antitrust enforcement actions against
companies if the company is violating a “consumer welfare standard.” It doesn’t
matter if some consider a company “too big” or if some believe its legal
practices might be too aggressive.



What matters is whether the business tends to benefit consumers.



Here’s the bottom line: The FTC is now challenging big tech companies,
claiming they hurt competition. Many people would be surprised to hear that
Amazon’s low prices and wide choices are harmful. The government shouldn’t try
to break up companies just for being “too big.”



The FTC is overstepping its role, risking U.S. companies’ ability to compete,
slowing innovation, and raising costs for consumers.



I spoke about this issue recently with Hugh Hewitt. You can watch it by
clicking on the picture below. 📺


Watch Now <[link removed]>





Americans are concerned about a litany of issues: higher prices, lax border
enforcement, and skyrocketing health care costs. They shouldn’t have to worry
about government overreach while their attention is elsewhere.



-Akash



Akash Chougule

VP of Government Affairs

Americans for Prosperity






Americans for Prosperity

4201 Wilson Blvd, Suite 1000

Arlington, VA 22203



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