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Trump's Opportunity to Unleash Technology By Replacing Biden's Antitrust Agenda

1/22/2025

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Overview
The Trump administration, supported by a Republican-led Congress, has a pivotal chance to reverse the damage inflicted by the Biden administration's misguided antitrust policies. This report outlines the path to unleashing America’s tech potential through innovation, competition, and free-market principles.

Key Points
  • Restore the Consumer Welfare Standard: Antitrust enforcement should prioritize consumer benefits rather than penalizing success or favoring bureaucratic control.
  • Boost Innovation and Investment: The U.S. tech sector leads global innovation with $450 billion in annual R&D investments, which drive advancements in AI, biotechnology, cybersecurity, and energy.
  • Empower Small Businesses and Entrepreneurs: Platforms like Amazon and eBay provide tools for small businesses to reach global markets and fuel regional economic growth.
  • Create High-Paying Jobs: The tech industry directly employs 9.4 million workers, with a ripple effect creating additional opportunities in manufacturing, logistics, and construction.
  • Enhance National Security: U.S. leadership in AI and quantum computing is essential for maintaining a strategic edge against China and other global adversaries.
  • Reject Regulatory Overreach: Excessive regulation under Biden stifled innovation and increased costs for consumers. Removing these barriers will restore competitive markets.
  • Encourage Mergers and Acquisitions (M&A): Smart M&A policies enable technological breakthroughs and ensure the U.S. remains an innovation hub, unlike Biden-era policies that blocked critical deals.
  • Protect Financial Security: The tech sector underpins the financial stability of millions of Americans, playing a vital role in retirement accounts and pension funds.
  • Strengthen Global Competitiveness: By rejecting European-style overregulation and authoritarian state subsidies, the U.S. can maintain its technological dominance and foster free-market innovation.

Conclusion
​The report highlights a roadmap for the Trump administration and Congress to promote free-market policies, secure America’s technological leadership, and prioritize innovation and economic growth. Confirming regulatory leaders who support these principles is vital to achieving these goals.
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    Vance Ginn, Ph.D.
    ​@LetPeopleProsper

    Vance Ginn, Ph.D., is President of Ginn Economic Consulting and collaborates with more than 20 free-market think tanks to let people prosper. Follow him on X: @vanceginn and subscribe to his newsletter: vanceginn.substack.com

    View my profile on LinkedIn

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