Congress To The FTC: Stop Attacking The U.S.’s Entrepreneurial Spirit (From RealClearMarkets)

On February 12, Representative James Comer, Chair of the House Oversight and Accountability Committee, threw down the gauntlet to the Federal Trade Commission (FTC), demanding the Committee interview five of its leaders about the FTC’s audacious policies.

FTC leadership has a lot to answer for. It has consistently attacked the American entrepreneurial spirit by imposing costs, uncertainties, and legal intimidations that have stalled and constrained the ingenuity that America needs to remain the world’s economic leader.

For starters, the FTC has brazenly stymied mergers of entrepreneurial companies and squandered vast sums of taxpayer money in ill-advised lawsuits. It also aids and abets European regulators in taking down U.S. businesses to benefit Europe.

Lexington Institute’s Paul Steidler discusses this in the Op-Ed here in RealClearMarkets.