“Republicans who buy into the dangerous antitrust theories of Sen. Amy Klobuchar will find themselves responsible for turning over terabytes of U.S. customer data to China. They will kill popular services that Americans love. They will subject all American businesses a potential death penalty fine of 15 percent of their total U.S. revenues. At this time of high inflation, we don’t need policies that will kill growth, job creation, and innovation.
“If conservatives think U.S. corporations today are too ‘woke,’ just wait until we put them under the heavy thumb of the Federal Trade Commission and Chair Lina Khan. We are on the threshold of turning all private business decisions over to government control.”
COMMENTARY FROM AEP'S PRESIDENT, ROBERT H. BORK, JR., ON REAL CLEAR POLITICS
Congress can be like a frozen lake in the Midwest, solid on the surface but with schools of fish beneath the ice. While Democrats are locked into conflict over spending, and Republicans burrow into opposition, senators from both parties are cooperating to craft bipartisan legislation to subject a handful of Big Tech companies to stringent new antitrust regulations.
If they succeed, these senators are setting out to prove that with a little hard work and cooperation, leaders in Washington can still reach across the aisle to harm consumers and the economy.
The Antitrust Education Project (AEP) joins a coalition of 30 conservative and free market groups and activists to deliver a letter in opposition to the Senate Democrats who plan to pass a package of European-style antitrust regulations.
The blood-boiling excesses of woke corporations can and should be curbed. But there’s no need to destroy the American free-market system in the bargain.
AEP President, Robert H. Bork, Jr., shares in the National Review how conservatives are being trapped into antitrust although their focus should be on Section 230. This puts the Consumer Welfare in jeopardy and lawmakers cannot let that happen.
Our President, Robert H. Bork, Jr., discussed on Fox Business' Larry Kudlow on how Joe Biden is neglecting the consumer welfare and how Biden's new competition policy is a power grab that will hurt our economic growth and investment.
Where's the Consumer Welfare? Our President, Robert H. Bork, Jr., writes how Joe Biden's new competition policy is a power grab that will hurt our economic growth and investment.
AEP's President, Robert H. Bork, Jr.:
What’s been needed all along is a way to protect conservative speech on social media without resorting to a punitive antitrust regime that would put all business under the thumb of Lina Khan and her ilk.
Jim Jordan and House Republicans responded this week with legislation that consolidates antitrust enforcement in the Department of Justice, where professional lawyers follow the law.
House Republicans would fix the content cancellation crisis by updating Section 230, which would require more of the social media companies in exchange for their liability protections. Facebook, Twitter, Google and other companies would have to be more transparent and precise about their content policies. They would have to adhere to objective standards and announce their reasoning in public for a given cancellation. And conservatives and other silenced groups would have a cause of action in court.
I haven’t read the details of this legislation yet, so I can’t speak to any possible long-term unintended consequences. But this general approach is the right one. I hope Republicans in the Senate are listening.
Our President, Robert H. Bork, Jr., provides a warning on why the Senate needs to block the confirmation of Lina Khan as the head of the Federal Trade Commission (FTC) in Real Clear Markets.
Our President, Robert H. Bork, Jr., writes in the National Review on how republicans should be wary of the massive expansion of government that increasingly popular anti-monopoly sentiments would entail.