While FTC Chair Lina Khan’s aggressive use of her commission to put pressure on big business has earned her the enmity of many free-market inclined economists, she has managed to forge an alliance with a number of “Khanservative” Republicans who share her distrust of big business.
Last week, a House Judiciary subcommittee held a hearing–essentially followed her lead--that focused on anti-competitive behavior in the market for proxy advisory services. However, it is not clear that the Democrats will align with Republicans on this one, because this is one case where a lack of competition serves their political interests.
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