And when it’s politically motivated, it is not just harm in the sense of economic inefficiency, but further is unjust and lowers public trust in institutions.
It's the FTC's job to do this kind of thing. If we argue it shouldn't be their job then what will we be doing? Nothing? We've tried the "do nothing" approach more times than any of us can count, and it doesn't work.
What's not OK is for the executive branch to not like the law, but be unsuccessful at passing new law through the democratic process, and then use the FTC to unsuccessfully sue companies in order to punish them (and threaten others) with costly legal expenses.
If you'd please review https://news.ycombinator.com/newsguidelines.html and make your substantive points thoughtfully and respectfully, regardless of how wrong someone is or you feel they are, we'd appreciate it.