Melissa Holyoak became a Republican member of the Federal Trade Commssion last spring. Courtesy photoRepublican Who Might Become FTC's Next Chair Blasts Democratic Commissioners' 'All Mergers Are Bad' Mindset
"The current administration's leadership of the FTC appears to think our default should be placing roadblocks in the way of all mergers, wherever possible," GOP commissioner Melissa Holyoak said at Thursday's board meeting.
November 14, 2024 at 08:36 PM
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A Republican member of the Federal Trade Commission who might become the successor to Chair Lina Khan tore into the panel's Democratic majority Thursday during a discussion about an innocuous new public comment portal on the agency's website.
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Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
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