| Hello John, At a time when millions of Americans are struggling to deal with record inflation, skyrocketing health care costs, and more, one federal agency seems intent on adding to their burden. The Federal Trade Commission (FTC) was established over 100 years ago to protect consumers and competition. That’s a large mission. One that might tempt political leaders to punish disfavored businesses through enforcement actions. But that’s why there are limits to the FTC’s powers. Most importantly, the FTC can only bring antitrust enforcement actions against companies if the company is violating a “consumer welfare standard.” It doesn’t matter if some consider a company “too big” or if some believe its legal practices might be too aggressive. What matters is whether the business tends to benefit consumers. Here’s the bottom line: The FTC is now challenging big tech companies, claiming they hurt competition. Many people would be surprised to hear that Amazon’s low prices and wide choices are harmful. The government shouldn’t try to break up companies just for being “too big.” The FTC is overstepping its role, risking U.S. companies’ ability to compete, slowing innovation, and raising costs for consumers. I spoke about this issue recently with Hugh Hewitt. You can watch it by clicking on the picture below. 📺 | 
