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Public Statements

Sen. Moran to FTC: Technology Firms Drive U.S. Economy

Statement

By:
Date:
Location: Washington, DC

U.S. Senator Jerry Moran (R-Kan.), Ranking Member of the U.S. Senate Committee on Appropriations Subcommittee on Financial Services and General Government, today asked Federal Trade Commission (FTC) Chairman Jon Lebowitz to make certain the FTC conducts evaluations of technology firms with the greater American economy in mind.

"While our nation has traditionally lead the world in technological innovation, the United States now faces increasing competitive pressure from other countries: there is fierce competition to attract the world's best and brightest; theft of intellectual property remains an issue for many American companies, entrepreneurs and artists; and our country's crippling debt remains a major challenge for the future," Sen. Moran said in a letter to the FTC Chairman. "Amidst this increasing international competition, the last thing the American economy needs is one more barrier that makes the United States a less attractive place to start a business.

"Consumers have more options and choices online than ever before -- a result of a robust and competitive marketplace of technological advancement, investment, and economic growth," Sen. Moran continued. "I encourage the Commission to remain focused on addressing concrete consumer harms and take into consideration the impact of their decisions on innovation, entrepreneurship and the economy."


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