Economic Liberties’ Statement on Big Tech’s Attack to Undermine Build Back Better Act and Protect Corporate Criminals
Washington, D.C. — The American Economic Liberties Project today released the following statement regarding the Big Tech-backed U.S. Chamber of Commerce’s new push to undermine antitrust enforcement in the Build Back Better Act and protect corporate criminals from accountability.
“Big Tech and giant corporations got used to being above the law and now they want to keep it that way. Democrats in the Senate must join Chair Lina Khan in standing up to these blatant efforts to undermine law enforcement,” said Sarah Miller, Executive Director of the American Economic Liberties Project. “The corporate groups advocating against accountability and undermining the Build Back Better Act are not a grassroots coalition – this is a group of organizations funded by some of the largest monopolies existing today, including Amazon, Google and Facebook. After enjoying far too many years of unchecked anticompetitive conduct and consumer abuse, their lobbying campaign is a clear sign that Chair Khan is proving effective in upholding the law.”
In addition to a new letter to U.S. Senators today undermining the Build Back Better Act, Big Tech corporate front groups have also launched a six-figure ad buy attacking the FTC’s ability to enforce fair markets. The new attacks are the latest in a series of actions from the Chamber of Commerce to undermine the FTC’s antitrust enforcement. Earlier this month, the group filed over 30 frivolous FOIA requests and letters to the FTC on procedure after the Commission tightened mega-merger reviews, filed a lawsuit against Facebook for breaking antitrust laws, and probed high gas prices and supply chain disruptions.
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The American Economic Liberties Project works to ensure America’s system of commerce is structured to advance, rather than undermine, economic liberty, fair commerce, and a secure, inclusive democracy. Economic Liberties believes true economic liberty means entrepreneurs and businesses large and small succeed on the merits of their ideas and hard work; commerce empowers consumers, workers, farmers, and engineers instead of subjecting them to discrimination and abuse from financiers and monopolists; foreign trade arrangements support domestic security and democracy; and wealth is broadly distributed to support equitable political power.