In an era of deep political divides, one issue is gaining cachet across party lines: the need to protect and empower local communities through antitrust laws. Meanwhile, legal scholarship is demonstrating that the original intent of the antitrust laws was, at least in part, localist—that is, antitrust enforcement should protect small businesses from being outcompeted by large corporations, promote local ownership, and encourage community involvement in economic planning. And, as evidenced by its February 2024 challenge to the Kroger-Albertsons merger, the Federal Trade Commission’s (the “FTC”) appetite for blocking mergers to protect local communities is increasing as well.
However, the FTC has not yet pursued this localist justification to its fullest extent, and legislative dysfunction makes it improbable that Congress will enact new antitrust laws in the near future, much less laws specifically implicating localist concerns. With this in mind, this Essay aims to outline a regulation that effectively leverages the FTC’s broad rulemaking authority to regulate competition in service of localism in a manner that places no outsized burden on the FTC, aligns with the FTC’s broader objective of fostering competitive markets, and is effective—not a mere line easily overcome by corporations.