Khan Starts Putting Stamp on FTC as Obama-Era Rule Rescinded
- Democrats rescind policy they blamed for enforcement failures
- Republican says move unleashes ‘unchecked’ regulatory power
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Federal Trade Commission Chair Lina Khan took her first steps toward reshaping the agency and implementing her agenda to step-up enforcement of competition and consumer protection laws.
Khan and her two fellow Democrats on Thursday voted to rescind an Obama-era competition policy that put limits on how the agency uses its authority in bringing antitrust cases. Advocates for more aggressive enforcement have said the FTC can use that authority more broadly that the 2015 policy allowed.