Mergers or monopolies? U S Chamber questions FTC guidelines lvb.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lvb.com Daily Mail and Mail on Sunday newspapers.
Washington, D.C. — U.S. Chamber Executive Vice President and Chief Policy Officer Neil Bradley released the following statement today regarding the Federal Trade Commission and Department of Justice’s release of their new merger guidelines.“Mergers and acquisitions play an important role in shaping a competitive U.S. business environment. Typically, less than 3% of transactions raise any competitive concerns. Yet, the current leadership at the FTC and DOJ have taken every step possible to create uncertainty and increase the burden around the entire merger process. The agencies peddle a false narrative on concentration in our economy, are quick to dismiss the benefits and efficiencies mergers create for consumers, and ignore the positive impact mergers have on innovation. The agencies have lost repeatedly in court and these guidelines are a back door attempt to change the law and ignore judicial precedent.“These g
WASHINGTON, D.C. - U.S. Chamber Executive Vice President and Chief Policy Officer Neil Bradley issued the following statement upon the Senate’s overwhelming vote of consent to the ratification of the U.S.-Chile Tax Treaty:“The Chamber applauds the Senate for an overwhelmingly bipartisan vote to support the U.S.-Chile Tax Treaty, which will ensure U.S. companies doing business in Chile aren’t singled out for higher taxes. Recent changes to Chilean tax law threatened to hike tax rates for U.S. firms while sparing companies headquartered in the two dozen countries — from China to Europe and Latin America — with which Chile already has tax treaties in place. Today’s actions will not only strengthen a bilateral trade and investment relationship that supports tens of thousands of good jobs in the U.S. and Chile but also serves as a clear example of how the Senate can work across party lines to deepen our nation’s ties with a key ally.”
Washington, D.C. — U.S. Chamber of Commerce Executive Vice President and Chief Policy Officer Neil Bradley released the following statement today regarding the White House’s meeting with companies over pricing transparency. “Efforts to mandate changes in prices through government action are price controls. Full stop. American businesses, consumers, and families know from experience what price controls lead to. Less competition, less innovation, fewer choices, and higher prices. “Companies know best how to respond to consumer demands. Attempts to dictate pricing is nothing more than government control. If the administration wants to support American families facing higher prices, it should work with the business community to address the conditions that are keeping inflation high. More talent, more competition, and less government red tape will grow the economy and provide the conditions necessary for economic success.”