How to reboot the FTC
▻http://www.politico.com/agenda/story/2016/04/ftc-antitrust-economy-monopolies-000090
Industries across the American economy are dominated by monopolistic and oligopolistic firms. Yet at this key moment, the FTC [Federal Trade Commission] is an agency adrift, squandering resources on trivial cases while failing to address the structural lack of competition that afflicts our economy.
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The stakes are high. Thanks to a combination of permissive regulatory policy and a swiftly changing business environment, the FTC has overseen an era of intense industry consolidation and the emergence of new threats to competition. If it doesn’t reform soon, the agency risks becoming irrelevant at the very moment the country needs it most.