Seventy conservative organizations have come together to address a pressing concern, culminating in a joint letter directed towards Federal Trade Commission (FTC) Chair Lina Khan. In this letter, they express their strong reservations and concerns regarding the proposed policies under her leadership. Specifically, these policies have been described as highly restrictive, with the potential to create substantial barriers for new business mergers and acquisitions.
These groups argue that the proposed policies could significantly hinder the dynamism and competitiveness of the business landscape. They fear that such stringent regulations may not only discourage potential mergers and acquisitions but also stifle innovation and economic growth.
Read the letter below.
khan-letter_9-2023