Elizabeth Warren Backs FTC’s Khan in Merger Crackdown

US Senator Elizabeth Warren has once again reiterated the need for more strict antitrust enforcement, backing efforts by Federal Trade Commission Chair Lina Khan and the Justice Department to overhaul the government’s guidelines for vetting mergers and acquisitions.

The so-called merger guidelines proposed by antitrust enforcers “are necessary at a time of rapid consolidation and inequality,” 22 lawmakers including Warren said in a letter Monday to FTC commissioners and Jonathan Kanter, who runs the DOJ’s antitrust division.

Under the proposal, companies would have to turn over much more information than they do now about transactions, which could delay and ...