FTC
With 3-2 FTC Majority, Chair Khan has Ability to Enact her Progressive Anti-Consumer Agenda
By Rich Sill With the Senate voting 51-50 to confirm Alvaro Bedoya as the fifth FTC Commissioner– and third Democrat– Chair Lina Khan now has free reign to implement her progressive agenda. This could include, but is not limited to, going after and/or attempting to break up large companies like Amazon because she…
Jordan Questions Khan’s Impartiality on Musk’s Twitter Purchase
by Rich Sill Representative Jim Jordan (R-Ohio) sent a letter to Federal Trade Commission Chair Lina Khan regarding her former employer, Open Markets Institute, stating that the federal government should block Elon Musk’s purchase of Twitter. In the letter, Jordan addressed his concern that Khan’s former…
Bedoya and Sohn Nominations Remain Stalled
By Rich Sill The Senate Commerce Committee deadlocked once again at 14-14 on the questions of whether to move the nominations of Gigi Sohn and Alvaro Bedoya to the Senate floor for a confirmation vote. To proceed, the full Senate must vote to discharge the stalled nominations from the committee; a whole host of hurdles…
New Paper: Failings of Khan’s Radical Economic Agenda
Author: Tom Spencer Paper: An analysis of Lina Khan’s treatment of vertical integration Lina Khan’s reckless pursuit of “reforming” the FTC is guided by her belief that the agency needs “bold leadership willing to use the full breadth of its expansive authority.” The “bold” approach…
Where Politicians Fail, Innovation Delivers
By: Laurel Duggan American innovation has carried us through the pandemic. Tech companies have created solutions to public health emergencies while providing vital support to American businesses. Yet America’s most successful tech companies are the target of attacks from both sides of the aisle and are viewed with hostility by…
Antitrust Expansion is for the Birds
By: Laurel Duggan Four poultry executives were indicted in June on charges of price-fixing. Attentive ranchers blew the whistle about flat prices for livestock despite record profits for meat processors, resulting in Senate investigations. Several other companies are likely to be investigated over these allegations. Entrenched competitors are now clamoring to…
What the Federal Trade Commission is Doing to Combat COVID-19 Scams
The FTC has been encouraging people to report scams and has been using this information to track COVID-19 scams. As of April 5, reported losses totaled $8.39 million and the median loss was $574. The most common and most expensive types have been related to travel and vacations.