FTC Testifies before Senate Subcommittee on Antitrust, Competition Policy and Consumer Rights
(WorldNews Business)

In , the Federal Trade Commission detailed recent victories in stopping anticompetitive mergers and conduct, as well as significant policy initiatives, advocacy work, and engagement with antitrust enforcement agencies abroad. Testifying on behalf of the FTC, Chairman Joseph J. Simons noted that in FY 2018, the agency took action to protect consumers in 22 merger cases, across a wide variety of industries. The agency compiled an impressive record of success in both contested merger challenges and important conduct cases. The Commission secured preliminary injunctions in two federal court...