Brown: “(Khan) has effectively turned the FTC into an anti-business, anti-competitive advocacy organization rather than a government agency.”

WASHINGTON – Three years ago today, President Joe Biden made one of his most consequential economic decisions when he nominated Lina Khan, a protege of Elizabeth Warren with limited management experience, to lead the Federal Trade Commission (FTC). Chair Khan’s claim to fame was a paper solely focused on excoriating Amazon, and she is considered a leader of the “hipster” antitrust movement. 

“Chair Khan’s record speaks for itself, as she has effectively turned the FTC into an anti-business, anti-competitive advocacy organization rather than a government agency focused on consumer protection. Under her watch, the agency has lost countless legal battles while wasting taxpayer dollars, stifled innovation, and worked closely with European authorities to enforce Europe’s restrictive laws on American companies, all while morale among agency staff plummeted,” said Competitiveness Coalition Chair Scott Brown, who is a former Senator and Ambassador. “ Her actions have directly cost U.S. jobs, as her opposition to Amazon’s acquisition of iRobot caused iRobot to lay off 350 workers in Massachusetts. As she begins her fourth year leading the FTC, Americans should brace for the impact of her continued campaign to stifle American innovation, business and good paying jobs.”

Since 2022, the Competitiveness Coalition has been sounding the alarm on the FTC’s egregious overreach and concerning actions. For more information on the Coalition’s work on this front, please visit competitivenesscoalition.com. Members of the press can contact the coalition at press@competitivenesscoalition.com.

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The Competitiveness Coalition is a first-of-its-kind group educating the public and advocating for policies that put consumers first while fostering innovation and attracting new investment.