The Mixed Record at the FTC

2min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

Ms. Kahn has pushed the FTC to try to accomplish a lot through new rules, he says. But courts may feel that the FTC is pushing its authority beyond what it's been given and could ultimately clip the wings of the FTC,. The Biden administration so far has prioritized more diversity in the judges that they have appointed rather than competition policy being a priority.

This week’s court battle involving Microsoft and Activision, giants of tech and gaming, reflects a sea change under way in America’s trustbusting machinery; it may not go as far as the top competition cop might like. A boom in China’s post-pandemic economy now seems to be sputtering (11:29). And a paean to the Tayto crisp—cheese-and-onion flavour, naturally (18:29).

For full access to print, digital and audio editions of The Economist, try a free 30-day digital subscription by going to www.economist.com/intelligenceoffer