Vox

Federal Trade Commission expands antitrust powers in Chair Lina Khan’s first open proceeding

The Federal Trade Commission passed a pair of pivotal measures expanding its power to regulate anti-competitive business practices, setting the stage for a more aggressive enforcement approach from the embattled agency. In the most aggressive effort, the commission voted to rescind a 2015 “Statement of Enforcement Principles” that restricted the FTC Act’s prescriptions on “unfair methods of competition” to explicit violations of existing antitrust law (specifically the Sherman and Clayton Acts). The vote proceeded along party lines, passing 3-2 with Democrats in the majority.

Senate confirms Lina Khan to Federal Trade Commission

The Senate confirmed Lina Khan to the Federal Trade Commission, elevating one of the tech industry’s most prominent antitrust critics to the government’s top Silicon Valley watchdog. The vote was 69-28 in a Senate split 50-50 between Democrats and Republicans, signaling the growing bipartisan interest in reining in large tech companies’ power. It came just days after House lawmakers from both parties unveiled bills that could force Silicon Valley companies to change their business practices and in the most severe cases, break up the companies.