Federal Trade Commission (FTC) Chair Lina Khan doubled down on the agency’s proposal to eliminate non-compete clauses from employment contracts and fight junk fees. The FTC in January released a proposal to prohibit non-complete clauses—a provision that prevents workers from leaving the firm to join a rival company within a specified period—that they say would…
FTC’s Khan Doubles Down on Banning Non-Compete Agreements, Fighting Junk Fees
FTC’s Khan Doubles Down on Banning Noncompete Agreements, Fighting Junk Fees
Federal Trade Commission (FTC) Chair Lina Khan doubled down on the agency’s proposal to eliminate noncompete clauses from employment contracts and fight junk fees. The FTC in January released a proposal to prohibit noncompete clauses—which prevent workers from leaving a company to join a rival company within a specified period—in an effort to bolster wages,…
House Republicans Rail Against FTC’s Khan Over ‘Bully’ Tactics, Ethics
House Republicans accused Federal Trade Commission (FTC) Chair Lina Khan of engaging in “bully” behavior as the agency’s merger-enforcement court case losses continue to mount. The FTC appealed a court decision allowing Microsoft Corp.’s $96 billion acquisition of Activision Blizzard to move forward. U.S. District Judge Jacqueline Scott Corley ruled against the federal agency’s request…
LIVE NOW: Federal Trade Commission Chair Testifies at House Judiciary Committee’s Hearing
Lina Khan, chair of the Federal Trade Commission, testifies to the House Judiciary Committee in an oversight hearing at 10 a.m. ET on July 13 on “FTC mismanagement and disregard for ethics and congressional oversight under Chair Lina Khan.” The hearing will also examine the commission’s record of enforcement actions and politicized rulemakings. …
LIVE NOW: Federal Trade Commission Chair Testifies at House Judiciary Committee Hearing
Lina Khan, chair of the Federal Trade Commission, testifies to the House Judiciary Committee in an oversight hearing at 10 a.m. ET on July 13 on “FTC mismanagement and disregard for ethics and congressional oversight under Chair Lina Khan.” The hearing will also examine the commission’s record of enforcement actions and politicized rulemakings. …
Federal Trade Commission Chair Testifies at House Judiciary Committee Hearing
Lina Khan, chair of the Federal Trade Commission, testifies to the House Judiciary Committee in an oversight hearing at 10 a.m. ET on July 13 on “FTC mismanagement and disregard for ethics and congressional oversight under Chair Lina Khan.” The hearing will also examine the commission’s record of enforcement actions and politicized rulemakings. …
Federal Trade Commission’s Call of Duty Maneuver Is Actually a Dereliction of It
Commentary The British antitrust cops just announced they will oppose the proposed blockbuster $68.7 billion merger of two American companies—Microsoft and gaming company Activision Blizzard, the owner of the wildly popular game Call of Duty. This decision is bad news for investors in companies, gamers and workers. But it’s very good news for America’s competitors…
Rep. Womack to Khan: ‘I Can’t Support Massive Increase for FTC’
In the midst of ongoing debates over federal spending, Rep. Steve Womack voiced his opposition to a proposed budget increase for the Federal Trade Commission (FTC). During Thursday’s House Appropriations Committee hearing, Womack raised pointed criticisms at FTC Chair Lina Khan. “The FTC, with a cavalier attitude, is weighing in on areas that are outside…
Elon Musk Says US Government ‘Had Full Access’ to Private Twitter DMs
Twitter CEO Elon Musk said he was stunned after learning that the U.S. government had “full access” to users’ private direct messages (DMs). Musk, who took over Twitter in October last year in a $44 billion deal, made the comments in a recent interview with Fox News’ Tucker Carlson, which is due to air on…
Australian Government Keen to Adopt Biden Administration Policy on Big Business
Australia’s assistant minister for competition, Andrew Leigh, says the country should follow in the footsteps of the Biden administration and adopt a more cynical view of big business, including more government intervention in the market. The Labor minister has blamed increasing market concentration in the hands of a few big companies for creating higher prices…
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