Antitrust Antitrust

US FTC distances itself from consumer welfare standard on party line vote

By Dave Perera and Michael Acton
  • 01 Jul 2021 15:36
  • 01 Jul 2021 15:36
Newly empowered Democratic commissioners on the US Federal Trade Commission used their majority today to distance antitrust enforcement from the consumer welfare standard.

In an open meeting of the commission — the first in decades — newly seated FTC Chair Lina Khan led the agency’s three Democratic and two Republican commissioners through a

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