Federal Trade Commission expands antitrust powers in Chair Lina Khan’s first open proceeding
In an open meeting on Thursday, 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.
Announced last week, Thursday’s proceeding is the first open business meeting of the commission in more than 20 years, as commission proceedings have traditionally been closed to the public. Chair Lina Khan plans to hold public meetings on a monthly basis going forward.
The meeting paved the way for an aggressive antitrust approach from the agency, with three separate measures expanding the commission’s power to prosecute anti-competitive business practices.