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Senator Hatch Grills FTC’s Leibowitz on Antitrust Power Grab

As we’ve discussed before, the FTC recently decided to dust off its Section 5 authority to go after “unfair methods of competition” in lieu of using its tradition antitrust authority (Section 2) to pursue some of its tougher cases. This has many antitrust experts concerned, most notably, Bob Litan, former Clinton administration. Apparently, Senator Orrin Hatch (R-UT) is also concerned by the FTC’s use of Section 2.

The Unfortunate Irony of Yesterday’s FTC Lawsuit Against Intel

As most readers know by now, the Federal Trade Commission ignored the pleas of ACT and 37 member companies for caution, and filed a lawsuit against Intel yesterday charging that the company has abused its dominant position in the computer chip market. What you may have missed yesterday, however, is the rather ironically timed announcement from the Obama administration that it is launching new policies to spur more manufacturing it the United States.