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The Federal Trade Commission’s (FTC) recent actions are alarming and pose a serious threat to our economy.
A new poll reveals that voters oppose Congressional proposals to add new antitrust regulations for technology companies, and a majority of voters are more likely to oppose candidates who support such regulations.
Sean Heather Senior Vice President, International Regulatory Affairs & Antitrust, U.S. Chamber of Commerce
Published
July 21, 2022
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A new poll from the U.S. Chamber of Commerce confirms what most people probably sense already: the American people want Congress to fight inflation and to avoid new regulations that could raise prices even higher.
In a national survey of 1,219 likely voters, with a ±2.86% margin of error, the Chamber examined American attitudes towards antitrust legislation and the government’s role in the market. Axis Research, which conducted the poll, found that likely voters are hyper-focused on the economy and inflation – and that they worry that government intervention in the market would lead to even higher prices.
Large majorities of likely voters want Congress to focus like a laser beam on inflation:
Moreover, most likely voters worry that new tech regulations could actually raise prices even higher:
Likely voters also want Congress to avoid regulations that could threaten the services they need and love:
Indeed, outside of the Beltway, likely voters have almost no interest in changing the antitrust laws to go after tech companies:
Finally, and in light of skyrocketing gas prices and food prices, Americans do not believe that “government knows best” and do not want to empower bureaucrats to micromanage the economy:
The message to Congress is clear: keep your hands off our beloved tech products and instead focus on fighting inflation. The only real question is, will Congress listen?
Senior Vice President, International Regulatory Affairs & Antitrust, U.S. Chamber of Commerce
Sean Heather is Senior Vice President for International Regulatory Affairs & Antitrust.
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