America is racing to lead the world in artificial intelligence, chips, and other key technologies. Winning requires investment, fast growth, and rules that encourage risk-taking. New proposals from the Federal Trade Commission and Justice Department move in the opposite direction. They would make it harder, slower, and more expensive to create, build, and grow innovative companies.

The Trump administration has focused on cutting red tape, boosting growth, and strengthening American technology leadership. Regulators should support those goals, not undermine them. More bureaucracy means more delays, less investment, and slower innovation.