'Christine Wilson leaving the FTC is good news for anyone who cares about effective antitrust enforcement,' write revolvingdoorDC's KJ Boyle & andreambeaty
the severe understaffing and increased merger caseload, not from a lack of confidence in the staff, as Wilson baselessly alleges. It's a bit surprising that Wilson took issue with this attempt to focus resources and work hours on merger enforcement, given the fact that she goes on to lament the decline in enforcement actions in calendar year 2021.
Wilson's tenure was filled with disingenuous complaints about her Democratic colleagues and projection regarding ethics violations, and her resignation letter is simply more of the same. Wilson cites this enforcement decline to claim that, under Khan's leadership, the agency is less productive than it should be. Notably, the numbers of mergers doubled in 2021. It's unsurprising that, given the lack of staff to evaluate all of these mergers, the FTC focused on quality over quantity. Furthermore, it can take months for the FTC to initiate action against a merger.
It's worth mentioning that Wilson's focus on raw enforcement numbers misses one of the most significant impacts of Khan's leadership — her reputation. Simply having Khan at the helm of the FTC is enough to prevent major corporate mergers because they know Khan will fight to block them. Shell and Exxon
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