Press
PPI Calls Out FTC For Turning Their Backs On Consumers
06.29.2023
Malena Dailey, Technology Policy Analyst at the Progressive Policy Institute (PPI), released the following statement in response to the Federal Trade Commission’s reported intent to file a new lawsuit targeting supposed anticompetitive practices by the Amazon marketplace.
“In yet another suit against Amazon, the FTC continues to take an anti-tech, anti-innovation approach to antitrust that ignores the complexities of the expansive retail market in which the company operates.
“The FTC has abandoned the principle of prioritizing the good of consumers, instead attacking market leaders despite no clear demonstration of anticompetitive practices. Antitrust law must be enforced for the benefit of the consumer, not to devalue popular services.
“It is especially disheartening to see repeated efforts by the FTC to undermine such a fruitful sector of the American economy. The retail/ecommerce sector has contributed 1.4 million full-time-equivalent jobs to the U.S. labor market since 2014 and, according to estimates from PPI, Amazon invested $46.7 billion in the United States in 2021.”
The Progressive Policy Institute (PPI) is a catalyst for policy innovation and political reform based in Washington, D.C., with offices in Brussels, Berlin and the United Kingdom. Its mission is to create radically pragmatic ideas for moving America beyond ideological and partisan deadlock. Learn more about PPI by visiting progressivepolicy.org
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Media Contact: Amelia Fox – afox@ppionline.org
