🍎 🍕 Less apples, more pizza 🤔 Have you seen Buffett’s portfolio recently?Explore for Free

Biden renominates Democrat Slaughter to U.S. antitrust enforcer

Published 02/13/2023, 05:17 PM
Updated 02/13/2023, 05:35 PM
© Reuters. FILE PHOTO: Federal Trade Commissioner Rebecca Slaughter testifies on the "Oversight of the Federal Trade Commission" before the U.S. Senate Consumer Protection, Product Safety, Insurance and Data Security Subcommittee in the Russell Senate Office Buildin
META
-

WASHINGTON (Reuters) - U.S. President Joe Biden on Monday renominated Democrat Rebecca Kelly Slaughter to the Federal Trade Commission, which has been working to toughen enforcement of antitrust law with mixed results.

Slaughter, who was originally sworn in in 2018, was acting chair of the commission early in the president's term until the current chair, Lina Khan, could be brought on board.

© Reuters. FILE PHOTO: Federal Trade Commissioner Rebecca Slaughter testifies on the

Under Khan, and with supporting votes from Slaughter, the agency has tackled a range of issues, from creating a rule aimed at eliminating more noncompete agreements to difficult merger challenges, such as Facebook (NASDAQ:META) parent Meta's acquisition of virtual reality content maker Within Unlimited. A federal judge declined the agency's request to halt the deal.

Also on the FTC, which enforces antitrust law and rules against deceptive practices, are Christine Wilson, a Republican, and Alvaro Bedoya, a Democrat. One seat is empty.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.