Rand Paul Pushes To Limit FTC's Enforcement Authority

Law360, New York (April 2, 2012, 10:21 PM EDT) -- Sen. Rand Paul, R-Ky., introduced legislation Monday that looks to reduce the federal government’s power to prohibit business transactions that it finds anticompetitive.

The bill, entitled the Antitrust Freedom Act of 2012, looks to keep regulators from abusing the power of antitrust laws, including the Sherman Act, the Clayton Act and the Federal Trade Commission Act.

Those acts, the bill says, “shall not be construed to prohibit, ban or otherwise extend to any voluntary economic coordination, cooperation, agreement, or other association, compact, contract or covenant entered into...
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