United States | America’s competition cops

Why Joe Biden’s trustbusters have fallen short of their ambitions

Blame flawed leadership and competing priorities

 Lina Khan, chair of the Federal Trade Commission
Image: Getty Images
|Dallas

AMERICA’S TOP trustbusters mean to make their policing presence felt. Lawyers, bankers and financiers now “recognise that there are cops on the beat…that we’re vigorously looking to protect the American public from illegal mergers,” says Lina Khan, chair of the Federal Trade Commission (FTC), which enforces consumer-protection and competition laws.

This article appeared in the United States section of the print edition under the headline “The competition cops”

From the June 24th 2023 edition

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