Technology

Judiciary Republicans ask FTC for clarity on competition policy

House and Senate Judiciary Republicans have asked the Federal Trade Commission (FTC) to clarify what it considers to be anti-competitive behavior.

In the past, the FTC has used its authority to investigate tech companies, including Google. This year, Republicans — including the agency’s commissioners Maureen Ohlhausen and Joshua Wright — have called on the agency to publish a policy statement on the kinds of anti-competitive behavior it would take action against.

{mosads}A group of eight Republicans — including House Judiciary Chairman Bob Goodlatte (Va.) and Senate Judiciary ranking member Chuck Grassley (Iowa)  — echoed those calls in a letter Wednesday, saying the FTC would help the business community by issuing more guidance on anti-competitive behavior.

Without a clear policy statement from the FTC, businesses are left with an uncertainty that “acts as a deterrent to innovation and creativity, which are critical drivers of the American economy and are vitally important in today’s challenging environment,” the letter said.

“Antitrust laws and their enforcement should be transparency, fair, predictable and reasonable stable over time,” they wrote. More guidance from the agency “will allow businesses to develop lawful competition policies and encourage critical innovation.”

Issuing a policy statement on the issue “should be a high priority” for the agency, the lawmakers said.

Tags Bob Goodlatte Chuck Grassley

Most Popular

Load more

Video

See all Video