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Policy report here.  As a former plaintiff's-side antitrust lawyer, I was surprised to see the FTC toying with ideas like legalizing cartels, price-fixing, antitrust exemptions, erecting barriers to entry, etc. Maybe I was naive, but I had thought that the internet and blogging (what the report calls "amateur journalism") had done some great "re-inventing" without the need of direct government regulation.  Particularly in the legal field, the emergence of amateur journalists has been a boon to the law-obsessed readers of the world.  Before that, we had the occasional NYT, WSJ or WaPo article, usually written well below the level of sophistication that lawyers would appreciate, and we had the welcome but too limited output of the American Lawyer Media.  The FTC report reads like a case of regulatory capture, as the premise seems to be, "what would print newspapers like from us?"

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