Washington, D.C. – TechNet, the national, bipartisan network of innovation economy CEOs and senior executives, released the following statement in advance of the Senate Judiciary hearing on the nomination of Jonathan Kanter for Assistant Attorney General for the Antitrust Division at the Department of Justice. The following statement can be attributed to TechNet President and CEO Linda Moore:

“American innovation should be embraced, not discouraged. We never know where the next great, life-impacting idea or product will come from. We must ensure those ideas and products are being developed in this country, not somewhere else. Top-down regulatory overreach and a crackdown that limits access to critical information and free services denies conveniences that consumers and businesses rely on every day and only helps our foreign competitors gain an advantage on our global innovation leadership and economic prosperity. We encourage a policy of regulatory balance that promotes competition while also fostering continued economic growth and job creation.”