U.S. sets high bar to settle Facebook antitrust suit -FTC chair

FILE PHOTO: FTC Commissioner nominee Lina M. Khan testifies during a Senate Commerce, Science, and Transportation Committee hearing on the nomination of Former Senator Bill Nelson to be NASA administrator, on Capitol Hill in Washington, U.S., April 21, 2021. Graeme Jennings/Pool via REUTERS//File Photo

WASHINGTON (Reuters) - U.S. Federal Trade Commission Chair Lina Khan, who promised tougher antitrust enforcement, said she would not rule out a settlement with Meta's Facebook, which the agency sued in 2020, but indicated there was a high bar for any agreement.

In an interview on Tuesday, she also criticized what she said was a large number obviously illegal deals and added she was not a fan of agreements to remedy problematic mergers with asset sales. Nor does she like behavioral remedies, when companies pledge a particular policy change for a certain number of years.