FTC’s Khan Defends Merger Record After Microsoft-Activision Loss

Federal Trade Commission Chair Lina Khan defended the agency’s record in court, pushing back on criticism in the wake of its unsuccessful challenge to Microsoft Corp.’s Activision Blizzard Inc. takeover.

“In federal court, we have lost two merger cases. We have brought somewhere between 13 and 20, depending on how you count,” Khan said in a question-and-answer session following a speech at the Economic Club of New York on Monday. “In the scheme of our merger enforcement program, losing two is OK.”

WATCH: Federal Trade Commission Chair Lina Khan says the agency losing two merger cases is “okay.”

Source: Bloomberg

In prepared remarks, Khan stayed away from the FTC’s recent losses, focusing instead on a number ...