NEWS: Small Businesses Reject Chamber Of Commerce’s Cynical Campaign Against Federal Trade Commission
Washington, D.C. — Today, a coalition representing thousands of independent businesses, entrepreneurs, and pharmacists, including theare pushing back on false claims from the U.S. Chamber of Commerce that the FTC is ‘waging war’ on the business community. The coalition issued the following joint statement.
“Business owners across this country are trapped in an economy shaped by the whims of giant corporations. Those entrepreneurs don’t have a giant marble building next to the Treasury Department or a $175 million annual lobbying budget. What they do have, finally, are a group of leaders at the Federal Trade Commission who want to protect them from the chronic abuses of the monopolies that the U.S. Chamber of Commerce represents.
The FTC’s congressionally mandated responsibility is to foster fair markets for businesses, workers, and consumers. But fair markets would be bad news for the anti-competition, anti-fairness billionaires who fund the Chamber of Commerce. The Chamber is trying to intimidate the small business community’s new allies because they exist to prop up a broken system where only the rich get richer. It’s cynical. It’s shameless. And it won’t work.”
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Economic Liberties works to ensure America’s system of commerce is structured to advance, rather than undermine, economic liberty, fair commerce, and a secure, inclusive democracy. Economic Liberties believes true economic liberty means entrepreneurs and businesses large and small succeed on the merits of their ideas and hard work; commerce empowers consumers, workers, farmers, and engineers instead of subjecting them to discrimination and abuse from financiers and monopolists; foreign trade arrangements support domestic security and democracy; and wealth is broadly distributed to support equitable political power.