Re:Hedge Fund Made a Killing Betting Against Lina Khan
by bbatha on Tuesday September 26, 2023 @12:41PM
(#37661932)
This isn't the FTC denying these arbitrarily though so isn't just "executive action", this is using the enforcement making power that congress duly granted to agency to bring law suits. If the courts agreed that precedent needs to change that's checks and balances working.
Re:Hedge Fund Made a Killing Betting Against Lina Khan
by AlbertCory on Tuesday September 26, 2023 @12:46PM
(#37662030)
> the enforcement making power that congress duly granted to agency to bring law suits.
wrong again. See the "major questions" decisions from SCOTUS. Congress didn't grant them to power to do whatever they feel like.
Re:Hedge Fund Made a Killing Betting Against Lina Khan
by bbatha on Tuesday September 26, 2023 @12:54PM
(#37662187)
Please tell me what major question this is violating? Anti-trust law is explicitly given in its ability to bring suit to these companies. The consumer harm standard isn't even a part of the law arguably the consumer harm standard should be overturned by the major questions doctrine since the court wrote the rule into the law wholesale without congresses directive decades after the law was written.
Re:Hedge Fund Made a Killing Betting Against Lina Khan
by AlbertCory on Tuesday September 26, 2023 @01:42PM
(#37662976)
Isn't the DOJ the usual agency for antitrust complaints like this?
Incidentally, since you're regressing on the "consumer harm isn't even part of the law" thing, which you've already lost -- we're done here.
Re:Hedge Fund Made a Killing Betting Against Lina Khan
by bbatha on Tuesday September 26, 2023 @02:06PM
(#37663398)
Both are, the FTC was created with shared jurisdiction on matters of anti-trust. However, the supreme court recently limited that to injunctive powers https://en.wikipedia.org/wiki/AMG_Capital_Management,_LLC_v.... relief would be through a DOJ suit or via state AGs
wrong. Executive action "because Congress doesn't work" is the path to dictatorship.
You're right that courts can overrule precedent, but they're generally quite reluctant to do that.