
Three years after her nomination by President Biden, Lina Khan's tenure as chairwoman of the Federal Trade Commission (FTC) has been marked by a focus on promoting competition and addressing the challenges posed by Big Tech's market dominance. Her approach has led to internal strife within the FTC and an uncertain regulatory environment, with countless mergers and efficiencies being given the axe. Critics argue that Khan's stance on subjective antitrust activism poses a significant threat to capitalism and the prosperity it brings, comparable to the fiscal crisis. However, Khan defends her strategy as essential for ensuring free and fair competition, which she believes will lead to a more resilient market, innovative technologies, a prosperous economy, and a more robust democracy. Her recent remarks at the Carnegie Endowment emphasized the importance of competition over national champions in an increasingly consolidated world. This perspective is echoed by concerns over Big Tech's impact on privacy, labor, and consumer rights, and the potential for regulatory capture due to their market dominance.
Will this be a moment of opening up markets to free and fair competition? Or will a handful of dominant firms concentrate control over key tools? The stakes of how we answer this question are enormously high, @linakhanFTC writes. https://t.co/gE3NfwGnvZ
FTC Chair Khan: “We Need to Choose Competition over National Champions” in the AI Age — AI: The Washington Report https://t.co/Z7yKYe4GeX #artificialintelligence #FTC #competition @linakhanFTC https://t.co/YX7VphzAJ0
The success of the EU’s Digital Markets Act will be determined by whether durable, rival app stores emerge in the market. For now, it seems clear that Apple’s proposed compliance plan will not enable this competition, says @Mark_MacCarthy. https://t.co/opsB6w2Bqg


