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FTC’s Khan Addresses PBMs, Amgen-Horizon Merger, At Contentious Congressional Hearing

 
• By Brenda Sandburg

Republican members of the House Judiciary Committee question FTC policies under Khan’s leadership, including its challenge of the Amgen-Horizon and Illumina-Grail mergers, as well as a proposal to require more information in pre-notification submissions. ‘You’re a bully,’ Representative Issa tells her.

Lina Khan
FTC Chair Lina Khan was grilled about the Commission's policies at a House Judiciary Committee hearing. • Source: Screenshot of House Judiciary Committee hearing

US Federal Trade Commission Chair Lina Khan emphasized the agency’s focus on the role of pharmacy benefit managers (PBMs) in consumer access to drugs and defended its handling of merger reviews during a five-hour House Judiciary Committee hearing.

Republican members harshly questioned her leadership, primarily focusing on the FTC’s investigation of Twitter Inc. and its attempt to block Microsoft Corp.’s merger with Activision Blizzard Inc. They also asked...

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