District of Columbia
The state of antitrust and consumer protection law and enforcement, and their development, since the Pitofsky hearings
In response to the Federal Trade Commissions request for comments in its Competition and Consumer Protection in the 21st Century hearing series, we would like to offer comment on Topic One with a focus on (d) the benefits and costs associated with the growth of international competition and consumer protection enforcement regimes. As the Federal Trade Commission considers international competition and the various arrays of international consumer protection regimes, we would like to call your attention to the European Unions increasingly protectionist attitude as a whole. Its attacks on American companies are not limited to the General Data Protection Regulation or European Court decisions. The EU is requesting that the Organisation for Economic Co-operation and Development designate the U.S. as a tax haven; may challenge the US tax law at the World Trade Organization; and is promoting proposals known as the Digital Services Tax. By threatening U.S. sovereignty, the EU is working aggressively to set international regulatory norms targeting American companies and undermining the 2017 tax reform at an enormous cost to American business, jobs, and innovation. This is all to say that we should not take policies that the EU is advancing as part of our own policy or accept those approaches as international norms. It is important that free market polices are advanced by U.S. government officials both within the United States and abroad. Please see the attached for the comment in its entirety.