What the FTC Misses About the Value of Mergers

In a recent 60 Minutes interview, journalist Lesley Stahl asked Federal Trade Commission (FTC) Chair Lina Khan several insightful questions about mergers. In particular, Ms. Stahl inquired as to their beneficial effects: “What about the argument that when companies merge prices often come down, because of efficiencies, scale?”  Ms. Stahl also noted that courts have rejected the FTC’s aggressive antimerger theories and that “start-up founders complain that [Chair Khan] is spooking investors so much, she’s actually stifling innovation.” […]

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AI Can Secure America’s Energy Future – If We Act Now

Just as America led the world in space exploration, the internet, and advanced computing, we now can lead in global energy innovation – and artificial intelligence (AI) is central to this goal. But to seize this pivotal moment, U.S. policymakers must act decisively now, embracing and investing in AI-driven solutions to secure America’s leadership in global energy innovation. […]

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