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Could Adopting European Antitrust Spell Disaster For American Innovation?

Sat, December 14, 2024 1:43 AM – 1:43 AM EDT
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August 3, 2022 @ 12:00 pm 1:05 pm EDT

While American and European antitrust policies differ greatly, American antitrust hawks are looking to adopt European elements here in the USA. As EU Commissioner Vestager argues for global antitrust enforcement against America’s leading businesses, FTC Chair Khan is rewriting American antitrust to mimic Europe’s antitrust approach. Could the American and European models for antitrust converge? And if that happens, how would that impact our economy?

Khan’s actions coupled with the House Judiciary antitrust package are a massive overhaul of the United States’ current approach to competition policy. But what should American policymakers make of proposals to import the European approach to antitrust?

Will proposals that import the type of legislation within the Digital Services and Digital Markets Acts stifle innovation, undermine market competition, and actually entrench established companies? Could these types of proposals in America risk internet users everywhere?

Join NetChoice and our panelists as we embark on a journey discussing how importing European antitrust will affect America’s competitive landscape.

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