“Today’s tried-and-true consumer welfare standard focuses on protecting consumers to ensure America continues to have the strongest economy with the most innovative businesses in the world,” said Carl Szabo, Vice President and General Counsel at NetChoice. “The approach outlined by the House majority weaponizes antitrust law for political purposes to create a system where cronyism unfortunately trumps consumers.”
“The majority’s proposals make consumer welfare take a back seat to corporate welfare, thereby allowing favored industries and corporations to use the Government to stifle innovative competitors,” continued Szabo.
“Indeed, some of these proposed reforms will use the blunt instrument of antitrust enforcement to achieve completely unrelated policy goals best left for elected officials to grapple with. That’s like using a chainsaw to fix a wobbly table.”