FTC Chair Lina Khan defends merger and acquisition crackdown

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 53%

France Nouvelles Nouvelles

FTC Chair Lina Khan defends merger and acquisition crackdown
France Dernières Nouvelles,France Actualités

Federal Trade Commission Chair Lina Khan defended the FTC's crackdown on mergers and acquisitions, arguing that her agency has to protect competition in the marketplace.

Federal Trade Commission Chair Lina Khan said in an interview that aired Sunday that corporations are driving inflation and defended her agency's role in cracking down on mergers and acquisitions. Khan was interviewed for CBS News' "60 Minutes" by Lesley Stahl, who attended a town hall held by Khan and Rep. Alexandria Ocasio-Cortez, D-N.Y., where the FTC chair said, "Too often fewer and fewer companies are controlling more and more of the market.

Stahl asked if abandoning a merger amid the FTC's scrutiny was a win, to which Khan said, "That's right." KROGER-ALBERTSONS MERGER HEADS TO TRIAL Khan added that it's "important to step back and keep all of this in context" and explained, "Of all the thousands of deals that are proposed every year, the FTC and DOJ collectively investigate maybe 2% or 3%.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

FoxBusiness /  🏆 458. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

FTC Chair Lina Khan welcomes companies weighing antitrust in deals, addresses criticsFTC Chair Lina Khan welcomes companies weighing antitrust in deals, addresses critics
La source: Investingcom - 🏆 450. / 53 Lire la suite »

Kroger-Albertsons merger could raise grocery costs, FTC chair warnsGrocery chains Kroger and Albertsons want to merge. It's a move Federal Trade Commission Chair Lina Khan worries could hurt customers already dealing with high food costs.
La source: CBSNews - 🏆 87. / 68 Lire la suite »

Social media companies, video streaming services engage in 'vast surveillance' of users, FTC saysFTC Chair Lina Khan says tech giants such as Meta and Google 'endanger people's privacy' and 'expose them to a host of harms.'
La source: CBSNews - 🏆 87. / 68 Lire la suite »