The Federal Trade Commission’s (FTC) budget would increase by US$2.6 million under President Donald Trump’s fiscal 2020 government spending plan, released March 11, reported Bloomberg.
The Commission would receive US$312.3 million under the White House budget proposal, compared with the agency’s current funding level of US$309.7 million.
The proposed increase comes as the FTC faces pressure to enforce competition and consumer protection laws more vigorously, particularly when it comes to tech giants such as Facebook and Alphabet’s Google.
The FTC has also published an addendum to its strategic plan. The addendum removes one performance measure from the plan and replaces it with two new performance measures. The FY 2018-2022 Strategic Plan is the FTC’s road map of goals, objectives, and strategies that guides the agency’s work and serves as the basis for reporting the agency’s performance results.
Full Content: Bloomberg & FTC
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Polish Regulators Probe PS Store and Steam for Antitrust Violations
May 15, 2024 by
CPI
French Regulator Meat-Cutting Sector Case Following Antitrust Review
May 15, 2024 by
CPI
Arizona Attorney General Files Suit Against Amazon Over Unfair Business Practices
May 15, 2024 by
CPI
Varsity Spirit and Private Equity Owners Settle Class Action Antitrust Suit
May 15, 2024 by
CPI
US Senators Present AI Strategy, Call for Funding Surge
May 15, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Ecosystems
May 9, 2024 by
CPI
Mapping Antitrust onto Digital Ecosystems
May 9, 2024 by
CPI
Ecosystems and Competition Law: A Law and Political Economy Approach
May 9, 2024 by
CPI
Ecosystem Theories of Harm: What is Beyond the Buzzword?
May 9, 2024 by
CPI
Open Ecosystems: Benefits, Challenges, and Implications for Antitrust
May 9, 2024 by
CPI