Axios: Lina Khan’s to-do list on Big Tech
Federal Trade Commission chair Lina Khan has a chance to work her way down her Big Tech to-do list, nearly a year into her tenure, now that she has a Democratic majority in hand.
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2. Aggressive enforcement on deals. The same executive order said the FTC has the power to to challenge prior mergers, something the FTC itself highlighted when Amazon closed its deal with MGM after running out the clock on the agency’s review.
- Agency watchers tell Axios Khan may wait to file a larger case against Amazon that goes beyond its MGM purchase.
- “[Khan] was put in charge of the agency with a strong bipartisan majority to address the market power problems deriving from Big Tech. Core to those problems are their ability to leverage their power into markets through acquisitions,” Sarah Miller, executive director of the American Economic Liberties Project, told Axios.