: The Federal Trade Commission will co-host a workshop on May 14-15, 2026, with George Mason University Law School’s Institute for Consumer Financial Choice (ICFC) focusing on developments in the financial services marketplace in the five years since the creation of the Consumer Financial Protection Bureau’s Taskforce on Federal Consumer Financial Law. The event’s first day, which will be led by the FTC, will feature opening remarks from Christopher Mufarrige, Director of the FTC’s Bureau of Consumer Protection, as well as ICFC Co-Directors Todd Zywicki and Tom Miller. It will also include two panel discussions focused on innovations in the financial services marketplace and on the implications for consumers, businesses, and regulators of new products and tech applications. The second day, led by the ICFC, will feature three panel discussions focused on the findings of a report from the Taskforce on Federal Consumer Financial Law. The event is free and open to the public and will take place in person at [...]
: The Federal Trade Commission today moved to block medical device supplier Edwards Lifesciences Corp.’s (Edwards) proposed acquisition of JenaValve Technology, Inc. (JenaValve) due to concerns that the acquisition would limit patient access to lifesaving medical devices used to treat a potentially fatal heart condition. The FTC alleges that over the span of two days in July 2024, Edwards executed agreements to acquire both JenaValve and JC Medical, the two leading companies competing to bring to market transcatheter aortic valve replacement devices that treat a heart condition called aortic regurgitation (TAVR-AR devices). Edwards closed its acquisition of JC Medical in August 2024, and its proposed $945 million acquisition of JenaValve would combine the only two companies with ongoing clinical trials in the United States for a TAVR-AR device. The deal threatens to reduce competition in the TAVR-AR market, likely resulting in reduced innovation, diminished product quality, and potentially increased prices for[...]