Lina Khan’s FTC Term Ends; Chair named Andrew Ferguson

Andrew Ferguson, one of two Republican FTC commissioners appointed by US President Joe Biden, will be the country’s next FTC chairman, new President Donald Trump announced on social media on Tuesday.

This news is welcomed in some circles. Lina Khan, the current FTC chair, has been blamed by many in Silicon Valley for the lack of M&A activity, with critics citing cases the agency has brought against Big Tech companies under her leadership since June 2021.

Khan, whose term of office expired in September, but remained in office, he sat down Speaking to TechCrunch last June, he addressed some of the critics, saying: “(If) you’re a founder looking to buy as a startup or as an exit, I think six or seven or eight potential suitors, one or it’s a better world than a world with two people.

Ferguson, a former congressional aide and Supreme Court clerk, “will be the most America First and pro-innovation FTC chairman in our nation’s history,” Trump wrote Tuesday.