Several recent high-profile mergers and acquisitions have been greeted by critics with bombastic rhetoric and alarmist claims about the supposed death of competition in one market or another. Amazon’s purchase of Whole Foods and Anheuser-Busch InBev’s merger with SABMiller have both been opposed on these grounds. While it is true that major transactions such as these deserve scrutiny, it is important to separate fact from fear and to remain grounded in economic reality.
Since taking the reins of the Federal Trade Commission (FTC) almost two years ago, Chair Lina Khan has sketched an agenda that appears inevitably set . . .
Since taking the reins of the Federal Trade Commission (FTC) almost two years ago, Chair Lina Khan has sketched an agenda that appears inevitably set for rebuke before the U.S. Supreme Court. And that eventual day of reckoning has drawn closer with the high court’s opinion in Axon Enterprise v. FTC earlier this month, which will allow litigants to bring constitutional challenges to the agency’s authority years earlier than would previously have been allowed.