Lina Khan, the outgoing Chair of the Federal Trade Commission (FTC), is urging Congress to address what she describes as the “astronomical costs” associated with major antitrust litigation. Her concerns come as she prepares to step down from her role at the FTC on January 31, after more than three years at the helm. In a letter to Senator Mike Lee, the leader of a Judiciary subcommittee focused on antitrust issues, Khan emphasized that high litigation costs are a significant barrier to effective antitrust enforcement across the United States.
Khan’s advocacy for legislative intervention underscores a need for reform as the costs of court proceedings and expert fees continue to rise. She warned that these financial barriers could worsen without congressional action, making it increasingly challenging for entities to pursue antitrust claims. This sentiment is shared by Democratic attorneys general from 11 states and Washington, D.C., who have also expressed support for reducing litigation expenses in the antitrust domain.
Throughout her tenure at the FTC, Khan has been a prominent figure in advocating for stronger antitrust regulations. Her call for legislative measures to curb the costs of antitrust litigation could influence future policy developments and continues to drive the conversation about how legal frameworks must adapt to better serve consumer interests and market competition. For more details on Khan’s appeal for legislative action, you can read the full article here.