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FTC Chief Lina Khan Says Her Tough Antitrust Stance “Uncomfortable For Some People” As Election Looms
Lina Khan, the powerful chair of the Federal Trade Commission, knows her tough-on-antitrust stance displeases some but says it's the right thing to do, and enjoys bi-partisan support in Congress.
Lina Khan, the youngest person to chair the powerful Federal Trade Commission, has come down hard on monopolies and anticompetitive behavior, so some business leaders and Wall Streeters are nudging Kamala Harris to dump her if the Democrats win the White House. Kahn, who became FTC chief in 2021 at age 34, declined to comment on the presidential campaign, but told a New York conference, “I think it’s true that, over decades, enforcement has not always been so vigorous, and so that type of change can be uncomfortable for some people.” A new FTC staff report out today found that “large social media and video streaming companies have engaged in vast surveillance of users with lax privacy controls and inadequate safeguards for kids and teens.”
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