The FTC's antitrust litigation theatrics are damaging to businesses and consumers
In baseball, it's three strikes and you're out. By that standard, the Federal Trade Commission antitrust enforcement should have gotten off the arena some time ago. When tallying losses, it is difficult to know where to start. Their Regulatory Parade of Folies includes the agency's controversial efforts Block Altria's minority investment in Juulan electronic cigarette […]
Judge partially dismisses FTC's antitrust lawsuit against Amazon
A federal judge on Monday partially dismissed the Federal Trade Commission's (FTC) antitrust lawsuit against Amazon. But few details are currently available about U.S. District Judge John Chun's ruling, which was filed under seal. In December, Amazon asked a judge to dismiss the FTC's lawsuit, arguing that the practices the FTC deemed anticompetitive were actually […]
LinkedIn co-founder asks Harris to replace FTC's Lina Khan
Reid Hoffman, the billionaire co-founder of LinkedIn and Democratic donor, is calling on Vice President Kamala Harris to replace the chairman of the Federal Trade Commission (FTC) if elected president in November. Hoffman suggested that FTC Chair Lina Khan, who has led the Biden administration’s aggressive antitrust push, was acting “outside the scope of her […]