Washington, D.C. (4/9/2024) – As antitrust experts from around the world visit Washington, D.C. this week for the ABA Antitrust Spring Meeting and other events, the Don’t Break What Works campaign reminds consumers and policymakers of the harmful impact that certain recent policies from Europe have had, including potentially discriminating against U.S. companies, negatively impacting the transatlantic relationship, and consumers in the process.
“We anticipate that foreign regulators will spend time this week, lauding the work that the European Union has done to implement rushed regulatory regimes that make it more difficult for some of America and also Europe’s most innovative companies to succeed, in the hopes that other countries and even the United States will follow in its stead. American lawmakers and consumers beware: importing unproven EU-style regulation will curb America’s ability to continue as a lead exporter of innovative new technology and weaken our ability to compete on the global stage,” said Chandler Smith Costello, spokeswoman for the Don’t Break What Works campaign.
Unfortunately, some U.S. lawmakers have unwisely threatened to bring DMA-like regulation to the United States, unaware of the impact of such changes, through legislation such as the American Innovation and Competition Online Act (AICOA) and the Open Apps Market Act (OAMA). This risks breaking the products and services Americans love and could threaten America’s ability to continue to lead as an exporter of innovative technology.
The Don’t Break What Works campaign is powered by the Computer & Communications Industry Association (CCIA). Learn more here.