What would you call a group that opposes burdensome business regulations? If you're the Federal Trade Commission (FTC), you might just label it a "left-wing…activist group." In fact, that's exactly what an FTC spokesperson called the Chamber of Commerce recently, after the Chamber won its lawsuit against an onerous President Joe Biden–era rule.
The accusation comes hot off the heels of federal Judge Jeremy D. Kernodle's order vacating the rule and the changes it made to the FTC's premerger notification form, which went into effect last February. Kernodle determined that the rule exceeded the agency's authority by failing to show that its "claimed benefits will 'reasonably outweigh' its significant and widespread costs.'"
