In a surprising twist that even the most seasoned political analysts didn’t see coming, House Republicans have decided not to strip the FTC of its antitrust authority. Yes, you heard that right. Chairman Jim Jordan (R-OH) has pulled a provision from a budget package that would have transferred antitrust enforcement duties to the Justice Department.
Picture this: a massive budget plan where one group tries to guard the cookie jar while another group wants to hand it to a kid who always promises to save some for later. Spoiler: it rarely ends well for the cookies—or the public! This idea has long been simmering on the Republican wishlist, but for now, it’s been put back in the kitchen cabinet.
Recent antics from former President Donald Trump keep this tale juicy, like firing two Democratic commissioners just before the FTC’s lawsuit against Meta rolled out. It’s the kind of plot twist that makes you wonder if politics is just a never-ending reality show.
Meanwhile, the world watches and waits: what will happen next in the ongoing drama of antitrust action, and how will this affect tech giants trying to outrun the law? Stay tuned, folks! The cookie jar may not be safe yet, but for now, it’s still on the table!
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