Be wary: The Tipline for 8 April 2021

Federal Trade Commission member Noah Phillips expressed doubt yesterday that adopting more regulations – as Democratic commissioners have suggested – could help resolve antitrust issues. “I think it is true that antitrust, litigation at least, is a slow process,” Phillips said at an event hosted by Stanford University. “One proposal to deal with this is just to adopt a lot more ex ante rules. There’s a theory we can do this at the FTC. I’m sceptical of it.” The Republican’s comments follow the announcement last month that acting chair Rebecca Kelly Slaughter has launched a new group intended to “activate” the agency’s competition rulemaking authority. “Rules can be good because they give you notice, but they can be overcorrecting,” Phillips said on Wednesday.

Unlock unlimited access to all Global Competition Review content