21/11/2024 | Press release | Distributed by Public on 21/11/2024 18:04
Washington, D.C. - Linda Moore, President and CEO of TechNet, the national, bipartisan network of innovation economy CEOs and senior executives, issued the following statement on the Department of Justice's proposed remedies in the U.S. v. Google case.
"The antitrust remedies that the Department of Justice is asking the court to consider threaten America's leadership in technology and innovation, creating ripple effects across the economy. These proposals risk raising prices for families, limiting competition, and discouraging the investments that drive new breakthroughs. Antitrust law should focus on protecting consumers and supporting a competitive marketplace, not holding back progress or stifling innovation. As the court considers its decision, we urge it to weigh the broader impact on the online economy, consumer choice, and America's global competitiveness."