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Rampant corporate consolidation means mere 'threat of retaliation' can stifle competition, US FTC's Khan says

By Ilana Kowarski and Claude Marx ( May 21, 2024, 17:32 GMT | Insight) -- Corporate consolidation in the US has empowered the country’s dominant firms so much that any credible “threat of retaliation” from these companies — who often serve as market gatekeepers — is enough to dramatically stifle competition, US Federal Trade Commission Chair Lina Khan said today.Corporate consolidation in the US has empowered the country’s dominant firms so much that any credible “threat of retaliation” from these companies — who often serve as market gatekeepers — is enough to dramatically stifle competition, US Federal Trade Commission Chair Lina Khan said in a speech today....

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