Lawmakers Put DOJ, FTC On Hot Seat

Law360, New York (September 23, 2008, 12:00 AM EDT) -- Small-business advocates told lawmakers on Capitol Hill Thursday that federal antitrust regulators were failing entrepreneurs and innovators in the United States.

Testifying before the U.S. House of Representatives Committee on Small Business, industry heads said the Department of Justice and the Federal Trade Commission had done little to protect consumers, or competition, from the predatory practices of dominant companies.

The Medical Device Manufacturers Association criticized the DOJ's and FTC's lax oversight and enforcement, saying more action was needed to curb the anti-competitive practices of dominant suppliers...
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