For Alvaro Bedoya, federal antitrust enforcement has strayed from its roots. Over the past several decades, a wave of corporate mergers has led to increasingly dominant players not just in individual industries, but across entire sectors.
While that might have in some cases made things more convenient for middle and upper-class consumers, it’s also left legions of working class Americans in rural communities and inner cities behind, Bedoya, the newest member of the Federal Trade Commission, said in an interview late last month.