Lina Khan, who until Monday was an aggressive enforcer of antitrust law as the head of the U.S. Federal Trade Commission (FTC) under former President Joe Biden, will resign from the commission in the coming weeks,

Lina Khan, who headed the U.S. Federal Trade Commission under former President Joe Biden until Monday, will resign from the commission in the coming weeks, she told staff in a memo. Republican Commissioner Andrew Ferguson is now the agency's chair after President Donald Trump took office.

The regulatory agency will likely take a kinder approach to divestiture proposals by merger parties under its new leadership, one antitrust attorney said.

The lawsuit claims that three major healthcare companies were pushing up the price of insulin by 1,200 percent.

It takes effect Tuesday but its fate is already in doubt. The new FTC rule faces legal challenges and possible opposition from Trump administration.

Newsweek sought email comment from the FTC and its outgoing chairwoman, Lina Khan, on Friday. The flurry of lawsuits before the change to a GOP administration underscore the tension within the FTC between pro-regulation Democrats and anti-regulation Republicans.

Lina Khan, known for her bold antitrust enforcement as head of the U.S. Federal Trade Commission (FTC) under President Joe Biden, announced her resignation. Her tenure was marked by efforts to curb corporate dominance,

Amid the doom and gloom of President Joe Biden’s bitter farewell address was a dire warning about “an oligarchy taking shape in America.” Yet days earlier, Lina Khan, who upon taking

The FTC announced Friday it reached a settlement with Welsh Carson that limits the private equity firm’s involvement in its anesthesia business, which the agency deemed a monopoly.

The Federal Trade Commission is suing Greystar for allegedly deceiving tenants through fees that raised rents above the advertised amount.

Democrats may have lost power in Washington in part because voters blamed them for the rising cost of goods, but when Joe Biden’s administration hands over power, it will also leave behind a series of strong new protections for consumers.

WASHINGTON: Lina Khan, who until Monday was an aggressive enforcer of antitrust law as the head of the US Federal Trade Commission under former President Joe Biden, will resign from the commission in the coming weeks, she told staff in a memo.