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The Latest Breaking News from Andrew Ferguson

Trump's FTC Chair Is Continuing To Push Lina Khan's Antitrust Ideology

The Federal Trade Commission was established to protect consumers. Under Biden and Trump, its focus has shifted.

Reason

The FTC's Probe Into 'Potentially Illegal' Content Moderation Is a Blatant Assault on the First Amendment

In the name of "restoring freedom of speech," FTC Chairman Andrew Ferguson wants to override the editorial judgments of social media platforms.

Reason

Democrats take a break from going after Trump to go after Pepsi

Senators Elizabeth Warren, Cory Booker, and Rep. Jerry Nadler are demanding that PepsiCo explain its pricing strategy after being sued by FTC earlier this year for allegedly ‘rigging soft drink competition’

The Independent UK

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Ex-FTC commissioner accuses former chair Lina Khan of 'procedural shenanigans' that iced M&A activity

A former FTC official who served under Khan said the accusation was “shockingly out of touch with reality.”

Fortune

FTC Sues Uber Over 'Deceptive' Billing, Hard-To-Cancel Uber One Subscriptions

FTC Chairman Andrew Ferguson said in a statement that people are frustrated with being enrolled in unwanted subscriptions that are nearly impossible to cancel.

International Business Times

Zuckerberg reportedly cozied up to Trump so he could settle his FTC lawsuit for $450m instead of $30bn

Zuckerberg attempted to settle an antitrust lawsuit with the FTC with the support of Trump – but it was ultimately unsuccessful

The Independent UK

Ribera in Washington, Newsletter

This week's key events presented by Euronews' editor in chief for EU news Jeremy Fleming-Jones.

Euronews

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President Trump Targets Humphrey's Executor Directly

President Trump acts to remove two Democratic commissioners from the Federal Trade Commission. Litigation is likely.

Reason

FTC reverses its request for a delay in an Amazon trial, says it has resources to litigate the case

The Federal Trade Commission has walked back comments that a lack of resources is interfering with the agency’s ability to be ready for a September trial over Amazon’s Prime program

The Independent UK

Trump’s FTC chair is looking to ‘combat inflation by making sure wages stay up’

The new head of the Federal Trade Commission, Andrew Ferguson, appears set to carry forward his predecessor Lina Khan’s torch and crack down on anti-worker policies and illegal mergers.

Fortune

Montana 'Abortion Trafficking' Bill Could Criminalize Crossing State Lines for an Abortion

Transporting "an unborn child" from Montana to another state "with the intent to obtain an abortion that is illegal" in Montana, or assisting anyone in doing so, would be illegal under House Bill 609.

Reason

The FTC Has No Business Trying To Make Sure Social Media Are 'Fair'

Chairman Andrew Ferguson’s assault on "Big Tech censorship" aims to override editorial decisions protected by the First Amendment.

Reason

Crypto and big tech’s backing pays off as Trump makes tech-friendly moves

Flurry of directives relaxes regulations and drops lawsuit – and billionaires who donated to Trump are ready to benefit

The Guardian - US

Meet the New FTC—Same as the Old FTC

Federal Trade Commission Chair Andrew Ferguson reaffirms the flawed 2023 merger guidelines.

Reason

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International Business Times

Trump Admin To Press Ahead With Amazon, Meta Antitrust Cases

In an interview with FOX Business, newly appointed Federal Trade Commission (FTC) Chair Andrew Ferguson confirmed that ongoing cases against Amazon and Meta would proceed, emphasizing his commitment to "holding Big Tech's feet to the fire."

Reason

FTC Chair Throws Stones in a Glass House

Federal Trade Commission Chair Andrew Ferguson hypocritically engages in the very partisanship for which he faults the American Bar Association.

The Guardian - US

Parents are desperate to protect kids on social media. Why did the US let a safety bill die?

The Kids Online Safety act passed the Senate 91-to-3 but died in the House. Advocates on both sides say they won’t give up

Reason

Pepsi Suffers the Wrath of (Lina) Khan

Outgoing FTC Chair Lina Khan sues Pepsi for violating Robinson-Patman Act.

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The Guardian - US

Lina Khan’s legacy could prove to be fragile as Trump pick takes helm of FTC

Outgoing agency head was a determined antitrust enforcer during her tenure, but some detractors say she was a bully with unchecked power

Investors Business Daily

Here's How Donald Trump Could Shake Up Health Care — And Biotech Stocks

Biotech stocks have slumped 15% since Donald Trump won his second presidency. That's because Trump comes with a lot of unknowns.

The Independent UK

FTC sues Deere & Co. for monopolizing farm-equipment repair market

The Federal Trade Commission is accusing Deere & Co. of unfairly monopolizing the farm-equipment repair market

Al Jazeera

How the Trump administration threatens internet freedoms

Trump picks to lead gov’t agencies like FCC, FTC may censor speech and make the internet less free.

Salon

Under Trump, the "Khan approach" is dead

Trump's nominees in the FTC and DOJ's antitrust division will test the "Khanservative's" commitment to antitrust

Reason

Mark Meador's Nomination to the Federal Trade Commission Is Bad News for Consumers

Meador’s nomination is a win for antitrust activism and a blow to economic freedom.

Al Jazeera

The Trump administration could reverse progress on AI regulation

Trump’s pick for the US FTC chair is expected to push back against regulating AI, undermining efforts so far.

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