The Federal Trade Commission is keeping an eye on companies to ensure they aren’t using rising inflation as an excuse to coordinate illegal price hikes, chair
“Instances in which companies may be signaling to each other that they’re looking to engage in coordinated price hikes, that’s something that has deep antitrust ramifications and is something that’s on our radar,” Khan said in an interview Wednesday.
Lina Khan
Photographer: Al Drago/Bloomberg
The antitrust agency can pursue cases against companies that approach rivals about coordinating prices, even if those price hikes never take place. The FTC has brought cases against such “invitations to ...