Former FTC commissioners file lawsuit challenging Trump administration terminations
#FTC #TrumpAdministrationRebecca Kelly Slaughter and Alvaro Bedoya, two Democratic FTC commissioners fired by Donald Trump, filed a lawsuit challenging their terminations as unlawful. They claim Trump violated federal laws and the constitution. The lawsuit aims to reinstate them to serve their terms. read more
FTC Chair Warns Kroger-Albertsons Merger Could Raise Grocery Prices
#FTC #grocerymergerThe FTC chairperson, Lina Khan, expressed concern on CBS's 60 Minutes about the Kroger-Albertsons merger, predicting increased costs for consumers. The FTC is working to halt the $24.6bn deal, arguing it may eliminate competition, leading to higher grocery prices. read more
FTC Chief Plans Probe Into Grocery Store Price Inflation
#FTC #grocerypricesThe Federal Trade Commission's head, Lina Khan, proposes an investigation into grocery stores regarding inflated prices, focusing on potential anti-competitive practices beyond pandemic-related cost increases. Inflation concerns prompt politicians like Kamala Harris and Donald Trump to address grocery price gouging. read more
#FTC #antitrust
The US competition regulator is preparing to sue Southern Glazer’s Wine and Spirits over alleged anti-competitive pricing practices under a rarely-used 1936 law. This action is part of the Biden administration's efforts to crack down on market abuses. read more
#FTC #noncompete
The Federal Trade Commission in Washington DC votes to ban noncompete agreements that prevent employees from working for competitors, affecting about 30 million workers. The Biden administration targets these agreements due to their negative impact on worker mobility and job market competition. read more