In her first TV interview since becoming chair of the Federal Trade Commission, Lina Khan had a message for tech industry executives: "Enforcers are not gonna back down." During the interview, Khan expounded on the ways in which she believes antitrust enforcement in America needs to change.
"As we've seen, [with] the growth of new technologies, the market dynamics have changed, and so we need to make sure that the tools we're using, the frameworks we're using, [and] the questions that we're asking are actually still mapping onto the reality," she said. That reality, according to Khan, includes massive digital operations that offer their services for free, but often cost consumers their privacy. Those kinds of harms haven't traditionally factored into antitrust discussions, which have focused primarily on whether companies are using their market power to raise prices.
View Full Article
No entries found