OPINION: American businesses under attack in Biden's bizarro world
European counterparts
It’s no stretch of the imagination to believe the FTC wanted EU regulators to halt the Illumina deal because agency officials knew U.S. courts – which typically defer to the prevailing consumer welfare standard – would likely green light the acquisition.
The transatlantic alliance against U.S. business popped into public view again last week, when top EU regulator Margrethe Vestager tweeted a picture following a meeting with FTC Chair Lina Khan and Jonathan Kanter, the Department of Justice assistant attorney general for antitrust, at a Brussels competition policy conference.
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