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The FTC was established in 1914 by the Federal Trade Commission Act, which was passed in response to the 19th-century monopolistic trust crisis. Since its inception, the FTC has enforced the provisions of the Clayton Act , a key U.S. antitrust statute, as well as the provisions of the FTC Act, 15 U.S.C. § 41 et seq.
The commission oversees election rules as well as reporting of campaign contributions by the candidates. The Federal Energy Regulatory Commission (FERC) is the United States federal agency with jurisdiction over interstate electricity sales, wholesale electric rates, hydroelectric licensing, natural gas pricing, and oil pipeline rates.
The vast majority of FTC members have been individuals with legal backgrounds, with notable exceptions. President Ronald Reagan appointed the first two professional economists, James C. Miller III [ 54 ] and George W. Douglas , [ 55 ] to serve on the body.
Lina Maliha Khan [6] (born March 3, 1989) is an American legal scholar who served from 2021 to 2025 as chair of the Federal Trade Commission (FTC). She is also a professor at Columbia Law School . While a student at Yale Law School , she became known for her work in antitrust and competition law in the United States after publishing the ...
WASHINGTON (Reuters) -Lina Khan, who until Monday was an aggressive enforcer of antitrust law as the head of the U.S. Federal Trade Commission (FTC) under former President Joe Biden, will resign ...
Simons was chief of the Federal Trade Commission's competition bureau from 2001 to 2003. He was a partner at Paul, Weiss, Rifkind, Wharton & Garrison LLP.Simons is also a co-developer of “Critical Loss Analysis,” a technique for market definition that has been incorporated into the Department of Justice and FTC Merger Guidelines, as well as applied in numerous court decisions.
Andrew Ferguson, President-elect Donald Trump's pick to chair the U.S. Federal Trade Commission, has expressed the desire to go after Big Tech companies while taking a hands-off approach to ...
New leaders would also take over the Justice Department and the Federal Trade Commission, which would likely make it easier for giant companies to merge without running afoul of antitrust concerns.