FTC Chair Lina Khan Defends Aggressive Antitrust Stance as Necessary Rectification of Past Oversights

Federal Trade Commission Chair Lina Khan on Friday addressed criticisms about her approach to corporate mergers, emphasizing that her stance is based on empirical realities rather than ideological motives. Speaking at Fordham University law school’s annual International Antitrust Law and Policy Conference, Khan stated that the FTC’s aggressive antitrust approach is driven by a need to rectify the longstanding oversight by federal regulators that has allowed acquisitions to harm competition, consumers, and workers. She explained, “This change in this reorientation has happened against a backdrop of a very organic sense that something was not working, that we were not adequately preserving competition across these markets.” For further details, you can read more here.