Biden's radical trade commission wages war on American AI
Administration sides against US tech companies as Biden undermines national security
The Federal Trade Commission (FTC), under Chairwoman Lina Khan, shows no signs of relenting in its global campaign to suppress American tech companies in favor of their international competitors. The FTC’s radical policies, which include colluding with foreign governments to impose harsh regulations and penalties on American businesses, have considerable detrimental impacts on U.S. economic and national security.
Recently, Khan defended the FTC’s policies by citing various federal regulatory actions in past decades. In short, she asserts that because government intervention worked then, it must be the right answer now. However, there is a glaring problem with this thinking; the test cases Khan relies upon are from a pre-digital world and ignore the fact that digital technology innovation is an outlier among other competitive industries.
Khan rightly recognizes innovation as the key factor that propels America’s economic competitiveness that must be protected. But innovation is not being trampled on by leading American businesses, it is being trampled on by Khan’s FTC.
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