Andrew Ferguson named as U.S. chair of the Federal Trade Commission
President-elect Donald Trump on Tuesday named Andrew Ferguson as the next chair of the Federal Trade Commission.
Ferguson is already one of the FTC’s five commissioners, which is currently made up of three Democrats and two Republicans. “These changes likely will make the FTC more favorable to business than it has been in recent years, though the extent to which is to be determined,” wrote Anthony DiResta, a consumer protection attorney at Holland & Knight, in a recent analysis.For example, the new leadership could be more open to a proposed merger between the country’s two biggest supermarket chains, Kroger and Albertsons, which forged a $24.6 billion deal to combine in 2022. Two judges halted the merger Tuesday night.
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