What does Trump’s antitrust enforcer have in the cards for year two?

Ferguson served as a commissioner on the FTC since 2023, often clashing with Biden-era FTC Chairwoman Lina Khan, who, as a law professor, rose to fame as a champion of hipster antitrust theories. While occasionally making common cause with populists, the Khan FTC aggressively filed enforcement actions across all corners of the economy, from John Deere to Pepsi to a 7-Eleven franchise in Florida. 

Ferguson was elevated to FTC chairman in January 2025. One of his pledges was to roll back the Khan agenda, stating that the FTC “must be mindful not to stretch the scope of consumer-protection laws beyond their rightful purpose. We must stay in our lane.” Now more than one year into his tenure as chairman, has Ferguson achieved those goals, and what does his first year portend for the second year and beyond? 

ONE LAST BIDEN FTC LAWSUIT THREATENS BULK DISCOUNTS AMERICANS DEPEND ON

Ferguson has made measurable