Lina Khan's Failed FTC Experiment.

Autor: III, J. Howard Beales (AUTHOR), Muris, Timothy J. (AUTHOR)
Předmět:
Zdroj: Wall Street Journal - Online Edition. 5/7/2024, pN.PAG-N.PAG. 1p.
Abstrakt: Lina Khan's tenure as the head of the Federal Trade Commission (FTC) has been marked by bad management, poor strategy, and a disregard for norms. President Biden's embrace of modern progressivism has led to a shift in competition policy, with a rejection of the consumer-welfare standard that has guided antitrust law for the past 40 years. Khan's approach to reforming the FTC contrasts with previous eras, which saw both overreach and a return to a more productive and modest purpose. Khan's leadership has been characterized by antagonism towards career staff and a lack of careful planning, resulting in defeats in court and a failure to achieve her objectives. The FTC's actions under Khan's leadership have been seen as norm-busting and lacking in organization and planning. [Extracted from the article]
Databáze: Regional Business News