Article 6CYW4 FTC Chair Defends Tenure as Lawmakers Battle Over Consumer Agency's Impact

FTC Chair Defends Tenure as Lawmakers Battle Over Consumer Agency's Impact

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msmash
from Slashdot on (#6CYW4)
Lina Khan, the progressive head of the U.S. Federal Trade Commission (FTC), faced tough questions on Thursday from a Republican-led House committee about court fights over multi-billion dollar mergers the agency opposed and lost. From a report: Representative Kevin Kiley, Republican from California, asked Khan about the cases that the agency had lost. "We fight hard when we believe there was a law violation, and unfortunately things don't always go our way," responded Khan. "Are you bringing cases you expect to lose?" Kiley asked later. "Absolutely not," Khan said. "Okay well your track record seems to suggest otherwise," he answered. Representative Darrell Issa, a Republican, sternly disagreed with the Khan FTC's decision to press on with a fight against Illumina's purchase of Grail after an FTC internal judge disagreed with FTC commissioners. That challenge was initially brought under the Trump administration and is currently before an appeals court. The agency also lost a fight to stop Facebook parent Meta Platforms from buying VR content maker Within Unlimited. Democrats on the committee sought to defend Khan, occasionally joined by Republicans on the panel including Rep. Ken Buck. The White House also put out a statement backing Khan. "Chair Khan has delivered results for families, consumers, workers, small businesses, and entrepreneurs," said White House Press Secretary Michael Kikukawa, citing efforts including the agency's bid to ban non-compete agreements and mergers that would harm consumers.

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