Washington, D.C. – U.S. Chamber Executive Vice President and Chief Policy Officer Neil Bradley issued the following statement today in response to the Federal Trade Commission issuing new guidance on Section 5 of the FTC Act:
“The FTC’s policy statement is a pure political power grab designed to give Chair Khan carte blanche control over when, where, and how companies compete. The FTC’s decision to reject decades of bipartisan consensus and declare itself the nation’s economic czar will discourage healthy competition and damage America’s competitiveness. We are confident that Congress and the courts will ultimately reject such breathtaking overreach."
