WASHINGTON—An influential bipartisan commission on China recommended Tuesday Congress expand the Federal Trade Commission’s authority, which would allow it to examine the influence of foreign government subsidies earlier in the process of considering large mergers and acquisitions involving foreign companies.

Companies aren’t currently required to disclose such subsidies to the FTC.

The…

This post first appeared on wsj.com

You May Also Like

Michigan lawmaker’s forceful speech rebuts ‘grooming’ attack

Republican Sen. Lana Theis opened a Michigan Senate session with an invocation…

Hertz Searches for a New CEO After Bankruptcy

Hertz Global Holdings Inc. is in talks to name a new chief…

Starbucks’s New CEO, Laxman Narasimhan, Takes Helm

.css-j6808u{margin-left:10px;margin-right:10px;} .css-1elqs3z-Box{margin-bottom:var(–spacing-spacer-4);display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;} .css-1xk85qb-BreadcrumbsWrapper{font-size:var(–typography-summary-font-size-s);font-family:var(–font-font-stack-retina-narrow);font-weight:var(–typography-summary-standard-s-font-weight);text-transform:uppercase;}@media print{.css-1xk85qb-BreadcrumbsWrapper nav ul{margin-left:0px;}.css-1xk85qb-BreadcrumbsWrapper nav li{font-size:var(–typography-summary-font-size-s);padding-left:0px;color:var(–secondary-text-color);}.css-1xk85qb-BreadcrumbsWrapper nav li a:after{content:”;}.css-1xk85qb-BreadcrumbsWrapper a{-webkit-text-decoration:underline;text-decoration:underline;color:var(–color-black);border-bottom:none;}.css-1xk85qb-BreadcrumbsWrapper…

Erica Faye Watson, Comedic ‘Hidden Gem of Chicago,’ Dies at 48

This obituary is part of a series about people who have died…