By: Tom Hebert
A top aide to Federal Trade Commissioner Lina Khan has confirmed the obvious – no industry is safe from the left’s antitrust crusade.
In a May interview with The Marker, FTC attorney adviser Shaoul Sussman says that Congress has made its mind up when it comes to breaking up America’s largest companies. “All of these companies are going to be on the butcher’s table,” Sussman says, adding that “I’m not sure if they will be broken up in the next few years, but from the perspective of legislation, their judgment has been written.”
Of course, the antitrust debate on Capitol Hill is far from over. The most recent antitrust legislation, spearheaded by Rep. David Cicilline (D-R.I.), limped out of a 29-hour markup with robust conservative and moderate Democrat opposition. A group of Democrats called on House Speaker Nancy Pelosi (D-Calif.) to slow down the Cicilline package, and House Majority Leader Steny Hoyer (D-Md.) said that the sloppily drafted legislation was far from ready for a vote on the House floor.
In a subsequent interview published on Sunday, Sussman said that he hopes Congress makes sweeping changes to antitrust law that go beyond technology companies, specifically highlighting “monopolies in agriculture, health, and telecommunications” and calling for more “systemic legislation.” Sussman is currently one of Khan’s only antitrust advisers, and was conveniently exempted from the FTC’s agency-wide gag order because he gave the interview before he started advising Khan.
This is a stark confirmation that the left’s antitrust plot goes far beyond Big Tech. The left’s true goal is to give the Biden Administration sweeping new power to reshape entire industries. Instead of keeping antitrust law focused on harm to consumers, the left wants to weaponize it as a vehicle for their woke social agenda.
As we head into the fall, Republican lawmakers should hold firm and reject any proposals that politicize antitrust law or give unelected bureaucrats even more power to control the economy.