claiming it is some unstoppable Goliath. The FTC is citing antitrust concerns to block Meta’s acquisition of a virtual reality business and Microsoft’s acquisition of a video game company. Two plus two doesn’t equal five – it’s clear that one of these things is wrong, either the facts or the FTC/DOJ lawsuits. Digging a little deeper, the math in the antitrust suit against Google doesn’t add up, either.
Once installed at the FTC, Khan launched several progressive attacks, including blaming gas stations as the cause of high gas prices and meat producers for expensive hamburgers. She is another example of a Biden administration official who is attacking the private sector despite never having worked in it.
But make no mistake: Biden’s attack on jobs does not stop with tech. FTC commissioners want to revive rules that would ban bulk discounts on goods. They are actively trying to block Coke and Pepsi from giving bulk discounts on soda, which would cripple the benefits we enjoy at Costco and Sam’s Club while costing those workers jobs.
The FTC wants to make things like deferred compensation packages illegal, resulting in fewer employee benefits. And Biden’s Treasury Department wants to decimate Budweiser and turn all beer into "craft beer," undermining work for the beverage industry. Again, they’re doing all this — undermining job security, getting upset about low prices — instead of focusing on improving the American economy and decreasing inflation.
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