The tech companies that Senators Graham and Warren cite (along with countless others) came about over the past quarter-century because we opened markets and rejected the monopoly-preserving regulatory regimes that had been captured by old players.
rejected the heavy-handed regulatory model of the analog era, which stifled innovation and competition. Senators Lindsey Graham and Elizabeth Warren propose a new federal mega-regulator for the digital economy that threatens to undermine America’s global technology standing.Ī new “licensing and policing” authority would stall the continued growth of advanced technologies like artificial intelligence in America, leaving China and others to claw back crucial geopolitical strategic ground.Īmerica’s digital technology sector enjoyed remarkable success over the past quarter-century - and provided vast investment and job growth - because the U.S. The most heartening thing about the proposal for a Digital Consumer Protection Commission is its authorship.Īfter years of zero-sum legislative gridlock, to see Senators Warren and Graham collaborating is a ray of hope that governing may someday return to the time when opposing parties were not enemies, when each party brought valid perspectives to the table and House-Senate conference committees forged legislation encompassing the best of both perspectives. Re “ We Have a Way for Congress to Rein In Big Tech,” by Lindsey Graham and Elizabeth Warren (Opinion guest essay, July 27):
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