It’s Time to Protect Consumers & Competitive Markets
- By [ Nicholas Ahrens ]
- 06/30/2019
Now, with a robust record in place, retailers believe the Commissioners should take the next step with investigations and actions against companies impeding free market competition and/or deliberately deceiving consumers. In comments submitted to the FTC this week, RILA argued the digital revolution in retail requires new thinking and approaches to antitrust enforcement and consumer protection.
Leading retailers believe the FTC has a responsibility to protect consumers by ensuring that competition exists throughout the retail ecosystem. RILA’s comments were filed, not to complain about competition from Facebook, Google, Amazon, Visa, or any other technology or payments platform, but to ask for more competition. New approaches are necessary to ensure that access to information empowers, rather than manipulates, consumers as they navigate an economy dominated by a handful of giant tech platforms.
RILA stands ready to work with the Commission on this ambitious review of competition and consumer protection in today’s ever-changing marketplace.
Read our complete comments submitted to the FTC here.
For more information about RILA’s competition policy work, please contact RILA Vice President of Innovation Nicholas Ahrens.
