Biden's Regulators Take a Harder Look at Wall Street Deals

[mahatmakanejeeves]

Under Chairwoman Lina Khan, the Federal Trade Commission is questioning mergers likely to have gone unchallenged in years past, drawing complaints from dealmakers

wsj.com
Biden’s Regulators Take a Harder Look at Wall Street Deals
The FTC, under Chairwoman Lina Khan, is questioning mergers that were likely to have gone unchallenged in years past, drawing complaints from dealmakers

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POLITICS

Biden’s Regulators Take a Harder Look at Wall Street Deals

FTC questions mergers likely to have gone unchallenged in years past, drawing complaints from dealmakers who say scrutiny is excessive

By Dave Michaels and Ryan Tracy
https://twitter.com/davidamichaels
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https://twitter.com/ryanjtracy
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Aug. 15, 2022 5:30 am ET

WASHINGTON—The Biden administration’s antitrust enforcers are throwing sand in the gears of Wall Street’s deal machine.

Under Chairwoman Lina Khan, the Federal Trade Commission is questioning mergers that likely would have gone unchallenged in years past—a change Ms. Khan says is needed to prevent companies from building up too much power and stifling competition.

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[peppertree]

1. Good. Under Cheeto, the FTC went from the 'light touch' - to asking 'what's in it for Dear Leader'

And of course Repug congresscritters. Can't forget them.