As envisioned in Vice President Harris’s economic plan, the FTC plans to use antitrust as a fulcrum to regulate prices and therefore private business itself.
It is a desperate move, one unlikely to buy forgiveness from voters savaged by inflation. Until the election is over, however, businesses should expect to continue to be Biden’s antitrust piñata.
The hopelessly vague language of Amy Klobuchar’s bill would export to China the most sensitive data of the U.S. government and military as well as that of innumerable consumers, banks, and businesses.