In a recent letter dated November 3, 2023, Federal Trade Commission (FTC) Chairwoman Lina Khan staunchly defended the agency’s enforcement record associated with mergers. These comments were made in response to an inquiry from a Congress member.
The FTC, which operates as an independent agency of the US government, is primarily charged with consumer protection and the prevention of anti-competitive business practices. Recently, its merger enforcement methods have been under scrutiny and queried by Congress.
“The FTC takes its role in maintaining fair competition and consumer protection in the marketplace very seriously. We ensure a thorough review of every corporate merger and acquisition that comes our way to assess any potential competitive issues,” stated Chairwoman Khan in her response letter.
To understand more about the FTC’s approach to merger enforcement and the dialogue surrounding it, interested parties can take a deeper look at the matter through JD Supra’s detailed news coverage. Not only does it provide more comprehensive details about Chairwoman Khan’s defense letter, but it also offers useful context and expert analysis.