The Senate Judiciary subcommittee on antitrust has scheduled a hearing on "Strengthening U.S. Economic Leadership: The Role of Competition in Enhancing Economic Resiliency." The hearing aims to understand how competition and healthy supply chains contribute to economic resilience and how the existing antitrust framework supports these objectives. The U.S. economy has shown resilience since the pandemic, outperforming G7 peer countries and experiencing continuous growth in its share of global GDP since 2011.
CCIA, an international trade association, has advocated for competition and consumer protection principles in the tech industry for over 50 years. CCIA President Matt Schruers emphasizes the importance of understanding the factors that foster or impede competition in the digital markets supporting economic growth. CCIA promotes open markets, systems, and networks, with its members employing over 1.6 million workers and contributing trillions of dollars to the global economy [81ed0c5b].