Sen. Klobuchar Urges Federal Trade Commission to Help Prevent Private Equity Firms From Buying Housing & Raising Rates for Consumers
May 14, 2024
May 14, 2024
WASHINGTON, May 14 -- Sen. Amy Klobuchar, D-Minnesota, issued the following news release:
U.S. Senator Amy Klobuchar (D-MN) sent a letter to Federal Trade Commission (FTC) Chair Lina Khan urging the agency to include commercial real estate acquisitions in antitrust reporting requirements intended to protect consumers. Recently corporate landlords, including private equity firms, have acquired large swaths of housing and raised rates on consumers without antitrust enforcers having th . . .
U.S. Senator Amy Klobuchar (D-MN) sent a letter to Federal Trade Commission (FTC) Chair Lina Khan urging the agency to include commercial real estate acquisitions in antitrust reporting requirements intended to protect consumers. Recently corporate landlords, including private equity firms, have acquired large swaths of housing and raised rates on consumers without antitrust enforcers having th . . .