The US FTC holds its first Commission meeting since the appointment of a new Chair and signals aggressive antitrust policy as part of government pro-enforcement agenda

In Short The Situation: The Federal Trade Commission ("FTC"), which now has a 3-2 Democrat majority, held its first Commission meeting since President Biden appointed a new Chair, Lina M. Khan. The Commissioners voted on a number of measures that signal important changes from prior agency policy, paving the way for expanded antitrust enforcement and regulation. The Result: A majority of the Commission, along party lines, voted to expand its interpretation of the agency's power to combat anticompetitive conduct and, at the same time, contract procedural safeguards. Specifically, the FTC voted to rescind a policy that defined limits to challenge "unfair competition" violations under FTC Act Section 5. The FTC also voted to remove certain restrictions on its rulemaking and to empower

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  • Jones Day (Washington DC)
  • Jones Day (San Francisco)
  • Jones Day (Houston)
  • Jones Day (Washington DC)

Quotation

Michael A. Gleason, Lin W. Kahn, Bruce McDonald, Craig A. Waldman, The US FTC holds its first Commission meeting since the appointment of a new Chair and signals aggressive antitrust policy as part of government pro-enforcement agenda, 1 July 2021, e-Competitions July 2021 - II, Art. N° 101549

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