Lina Khan Named FTC Chair, Signaling Aggressive Antitrust Shift

President Biden unexpectedly appoints Lina Khan as FTC chair just hours after her Senate confirmation, pointing to a tougher stance on Big Tech monopolies.

The U.S. Senate confirms Lina Khan to the Federal Trade Commission, and President Biden surprisingly names her as FTC chair within hours. Khan graduates from law school just four years ago but quickly gains prominence for her sharp criticism of Big Tech and her calls for a new approach to antitrust enforcement. Her sudden elevation to the top role strongly signals that the Biden administration plans to pursue much more aggressive antitrust actions than previous administrations.

Khan first rises to national attention in 2017 when she publishes a Yale Law Journal note arguing that current antitrust enforcement fails to address market power in the digital economy. She challenges the traditional consumer welfare standard, which focuses mainly on price effects, and advocates using antitrust law to protect labor interests and block harmful mergers. After law school, she works at the Open Markets Institute, serves as a legal fellow at the FTC, and helps craft a major House Judiciary report that recommends breaking up large technology firms.

Her selection to lead the FTC surprises many observers, as she bypasses current Democratic commissioners who already hold progressive enforcement records. Under her leadership, the agency is expected to shift away from traditional metrics and explore broader policy concerns regarding corporate consolidation. This transition marks a fundamental change in how the federal government regulates dominant digital platforms and reviews corporate mergers.

Read More at the original source →