( May 15, 2025, 14:41 GMT | Official Statement) -- MLex Summary: US Federal Trade Commission Chairman Andrew Ferguson told a Congressional committee that the agency has already cut its staff by nearly 100 people, to a total 1,221 workers, and will go further. "Even with these reductions, the FTC must go further. We anticipate reducing to an FTE level, or Full-Time Employee level, that will be the lowest it has been in 10 years," Ferguson said.See attached document....
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.