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Breaking up big business is hard to do
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Federal Trade Commission Chair Lina Khan speaks to the Economic Club of New York on July 24, 2023 in New York City. (Photo by Michael M. Santiago/Getty Images) Michael M. Santiago/Getty Images hide caption
Federal Trade Commission Chair Lina Khan speaks to the Economic Club of New York on July 24, 2023 in New York City. (Photo by Michael M. Santiago/Getty Images)
Michael M. Santiago/Getty ImagesThe Federal Trade Commission is the sheriff for big businesses. One of its main functions is to stop companies from buying up other companies in a way that hurts competition. Those investigations have been going way up under FTC Chair Lina Khan, and it's not gone unnoticed by critics in business and some Republican lawmakers. Today on the show, we look at the FTC's scorecard under Lina Khan.
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Correction Aug. 15, 2023
A previous version of this story said the FTC had paused its action against Microsoft's acquisition of Activision Blizzard. The FTC has paused one legal approach, but still has an appeal pending with a second legal approach.