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Fired FTC Commissioner Sounds Alarm: Billionaires’ Influence Behind Unlawful Dismissals?

The recent dismissal of two Democratic commissioners from the Federal Trade Commission (FTC) by President Donald Trump has sparked a firestorm of controversy, with accusations of unlawful actions and undue influence from powerful tech billionaires. One of the ousted commissioners, Alvaro Bedoya, has directly linked the firings to the “corrupting influence of billionaires,” suggesting a direct connection between the dismissals and the interests of prominent tech CEOs.

The Unlawful Dismissals and Their Implications

Bedoya and fellow commissioner Rebecca Kelly Slaughter were abruptly fired on Tuesday evening, a move they and many legal experts deem illegal. This action appears to violate established law and Supreme Court precedent, which prevents the president from dismissing commissioners without cause. The implications extend far beyond the FTC itself. Slaughter highlighted this point, warning that if she, a commissioner of an ostensibly independent agency, could be fired arbitrarily, then the same could potentially apply to the chair of the Federal Reserve, Jerome Powell. This raises serious concerns about the independence of other crucial government bodies.

A Pattern of Actions Favoring Big Tech?

While the White House maintains that Trump acted within his lawful authority to manage personnel, the timing and context of the firings raise significant questions. The firings leave the FTC with a Republican majority, potentially shifting the agency’s approach to regulating big tech. This is particularly concerning given that the FTC, under the previous composition, had been actively involved in antitrust investigations and litigation against major tech companies.

The Role of the Inauguration Attendees

Bedoya’s most striking claim points to the presence of several prominent tech CEOs at President Trump’s inauguration. He noted that his last public statement before the firings criticized Amazon founder Jeff Bezos for allegedly exploiting warehouse workers, forcing them to rely on warehouse-based painkiller vending machines to cope with grueling work conditions. While not explicitly stating that this criticism was the cause of his dismissal, Bedoya framed it as a “coincidence” that is worth considering.

Beyond Bezos, Bedoya highlighted that Elon Musk (X) and Mark Zuckerberg (Meta) were also present at the inauguration and each heads a company facing FTC court orders or litigation. This raises the question of whether these firings could be interpreted as an attempt to weaken regulatory oversight of these powerful companies.

The FTC’s Shifting Stance on Tech Regulation

Adding fuel to the fire is the FTC’s recent removal of guidance from its website that was critical of Amazon, Microsoft, and other tech giants. This action, along with the firings, suggests a potential shift in the agency’s approach to tech regulation, potentially leading to less scrutiny of these powerful corporations. This raises concerns about the future of antitrust enforcement and consumer protection in the tech sector.

The Fight for Independence and Accountability

Bedoya’s appearance before the Colorado state legislature served as a platform to voice his concerns and highlight the potential ramifications of these firings. His testimony focused on the importance of maintaining the FTC’s independence and the need for continued accountability for large corporations. He emphasized the significant risks to American consumers and the broader economy if regulatory oversight is weakened due to political influence.

Bedoya’s Call to Action

Bedoya’s message is clear: the focus should be on the powerful tech billionaires who may have benefited from these firings. He urges everyone to question who gains and who loses from these actions, underscoring the potential consequences for fair competition, consumer protection, and the integrity of independent government agencies.

Conclusion: A Threat to Democratic Processes?

The dismissal of Bedoya and Slaughter raises serious concerns about the integrity of government institutions and the potential for undue influence by powerful corporations. The events underscore the importance of maintaining the independence of regulatory agencies and the need for robust oversight to prevent the erosion of democratic processes. The ongoing investigation into the legality of these firings and the potential repercussions for tech regulation will undoubtedly shape the future of the FTC and its relationship with the powerful tech industry.


Source: The Verge