Press Releases
Navigate forward to interact with the calendar and select a date. Press the question mark key to get the keyboard shortcuts for changing dates.
Navigate backward to interact with the calendar and select a date. Press the question mark key to get the keyboard shortcuts for changing dates.
September 24, 2024
DOJ Suit Against Visa Faces High Hurdles, Says ITIF
Following the DOJ's lawsuit against Visa for alleged anticompetitive behavior in two debit network services markets, ITIF released the following statement from Joseph V. Coniglio, director of antitrust and innovation.
September 16, 2024
China Is Rapidly Becoming a Leading Innovator in Advanced Industries, New Report Finds
A 20-month investigation of Chinese innovation capabilities in 10 advanced-technology industries suggests that China has not yet taken the overall lead, but its firms are making rapid progress in developing their innovation capabilities and will likely equal or surpass the U.S. and other Western leaders within a decade or so.
September 10, 2024
Court of Justice Decisions Continue EU Attacks on US Tech, Says ITIF
Following the Court of Justice’s decision in the long-running Google Shopping case, ITIF released the following statement from Joseph V. Coniglio, director of antitrust and innovation.
September 9, 2024
China Is Challenging U.S. Leadership in Quantum Technologies; New Report Finds China Leads in Quantum Communication, Tied in Sensing, Behind in Computing
China dominates the field of quantum communication and roughly matches the United States in the field of quantum sensing, although it lags behind in quantum computing, according to a new report from ITIF.
August 26, 2024
China May Soon Be the Top AI Innovator in the World, New Report Finds
China’s relentless drive and strategic investments in AI, indicate that it is only a matter of time before it matches or surpasses the U.S. capabilities in the field, according to a new ITIF report.
August 19, 2024
China’s Semiconductor Strategy Produces Uneven Results, New Report Finds
Despite China’s big investments, it’s still years behind in semiconductors—but its rapid IP gains mean the U.S. must act fast on R&D, export controls, and STEM or risk losing its edge.
August 6, 2024
X's Legal Challenge Against Advertisers Is Misguided and Meritless, Says ITIF
In response to the lawsuit filed by X against the Global Alliance for Responsible Media, ITIF released the following statement from Vice President Daniel Castro.
August 5, 2024
Updates to Illinois’ Biometric Privacy Law Too Small a Step in the Right Direction, Says ITIF
Following Illinois Governor J.B. Pritzker signing into law an amendment to the state’s Biometric Information Privacy Act (BIPA), ITIF issued the following statement from Senior Policy Manager Ash Johnson.
August 5, 2024
District Court Ruling Against Google Casts a Long Shadow Over US Tech Industry, ITIF Says
Following a ruling by Judge Mehta in the U.S. District Court for the District of Columbia that Google’s browser and Android agreements constituted unlawful monopolization under Sherman Act §2, ITIF released the following statement from Joseph V. Coniglio, director of ITIF’s Schumpeter Project on Competition Policy.
July 30, 2024
China Is No Longer a Biotech Imitator; New Report Finds It Is Rapidly Catching the West in Innovation
ITIF's new report finds that China's biotech industry is rapidly evolving from copycat to competitor, doubling its clinical trials and securing U.S. FDA approvals, signaling a significant challenge to U.S. leadership in global biotech innovation.