FTC And DOJ Host First Public Meeting Of Pricing "Strike Force"

On July 31, 2024, the Department of Justice (DOJ) and the Federal Trade Commission (FTC) jointly hosted the first public meeting of the "Strike Force on Unfair and Illegal Pricing." This initiative was launched by President Biden in March 2024 where he emphasized the readiness of the DOJ and FTC to enforce the law in response to "illegal pricing practices that are fraudulent or unfair or deceptive or anticompetitive."

This message was echoed in the meeting's opening remarks by FTC Chair Lina Khan before she highlighted the FTC's own goals and efforts taken to date to challenge pricing practices and then turned the meeting over for similar reports by representatives from the DOJ and its Antitrust and Civil Divisions, the U.S. Department of Agriculture, the U.S. Department of Health and Human Services (HHS), the Department of Transportation (DOT), the U.S. Securities and Exchanges Commission (SEC), the U.S. Federal Communications Commission (FCC), and the Consumer