Nope, the FTC has been historically toothless from 1990-2020 or so. Some people (such as Lina Khan and Joe Biden) are trying to turn that around.

Doesn't seem likely to fully turn around as the next Republican president will likely appoint another toothless chair of the FTC.

Democrat presidents for the foreseeable future will probably be going after big companies more than their predecessors in the 90s and early-2000s did.