Biden’s Regulators Take a Harder Look at Wall Street Deals

WASHINGTON—The Biden administration’s antitrust enforcers are throwing sand in the gears of Wall Street’s deal machine.

Under Chairwoman Lina Khan, the Federal Trade Commission is questioning mergers that likely would have gone unchallenged in years past—a change Ms. Khan says is needed to prevent companies from building up too much power and stifling competition.

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