FTC Chair Visits the Congressional Woodshed

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Recently Kevin Price, Host of the nationally syndicated Price of Business Show, interviewed Barbara Comstock.

Price and Comstock discuss Federal Trade Commission (FTC) Chair Kahn’s recent visit to the House Judiciary Committee where she faced harsh criticism from members over the agency’s overreaching agenda.
Reuters notes that “Lina Khan, the progressive head of the U.S. Federal Trade Commission (FTC), faced tough questions on Thursday from a Republican-led House committee about court fights over multi-billion dollar mergers the agency opposed and lost.
The hearing before the House Judiciary Committee came just two days after a tough loss when a federal judge ruled that Microsoft (MSFT.O) could go forward with its $69 billion deal to buy ‘Call of Duty’ maker Activision Blizzard (ATVI.O). The agency has said that it would appeal.”
That was just one of several defeats the FTC suffered from the Chair’s aggressive approach.

According to a statement:

“Antitrust law protects American consumers from low-quality goods and services, but Google’s products are highly innovative and free for everyone. The Justice Department’s misguided lawsuit stretches antitrust law beyond its breaking point and risks breaking the very products that Americans love and use every day.”

Barbara represented Virginia’s Tenth Congressional District, was a senior appointee in the Justice Department, and worked as a Congressional aide. Her election marked her as the first woman elected to that seat. She was named as one of the “Top Ten Most Effective Lawmakers” in the 115th Congress by the Center for Effective Lawmaking, a joint effort of the University of Virginia and Vanderbilt University.

According to a statement from Ms. Comstock, “During her time in Congress, Barbara was a leader on technology and cybersecurity issues, chairing the Science, Space, and Technology Committee’s Research and Technology subcommittee, as well as serving on the Joint Economic Committee, the Transportation and Infrastructure Committee, and the House Administration Committee. Her legislative achievements include passing legislation to promote women and disadvantaged populations in STEM, as well as expanding research in the technology space. Barbara also was the leader on anti-sexual harassment legislation in Congress, and legislation to tackle the opioid crisis and gang crime. She partnered with Senator McCain to reauthorize multi-year firefighter grants to increase innovation and public safety. While in Congress, Barbara was the only woman in the Virginia congressional delegation and the only Virginia member to chair a subcommittee.”

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