UPDATED 12:01 PM PT — Monday, February 10, 2020
Sen. Josh Hawley (R-Mo.) recently released a new proposal aimed at overhauling the Federal Trade Commission (FTC). According to the measure, released Monday, the current FTC “lacks teeth, wastes time in turf wars and is in no shape to ensure competition in today’s markets.”
In order to improve the institution, the Missouri senator has argued the FTC should be transferred to the jurisdiction of the Department of Justice. He also called for the five member board to be replaced with a single director.
The @FTC isn’t working.
Big Tech has gone unchecked thanks to inaction, weak enforcement, and a lack of accountability.
It’s time Congress does something about it. https://t.co/grO8tLytZx
— Senator Hawley Press Office (@SenHawleyPress) February 10, 2020
It’s an aggressive approach to what both sides of the aisle have called “outdated policies,” which is a something Sen. Hawley has long been on the front-lines of confronting.
“I’m concerned about the state of antitrust enforcement…as somebody who believes in competition, who believes in free and open markets and thinks that competition actually is good for American individuals and American families and American consumers, I’m concerned about what I see as a pattern of lack of enforcement,” he stated.
The Missouri Republican believes the overhaul would give the commission more tools to protect the tech market.
“It is time for Congress to overhaul the FTC and bring it into the 21st century,” Hawley urged.
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