{"id":1985620,"date":"2023-07-29T04:18:02","date_gmt":"2023-07-29T08:18:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/khan-plans-for-ftc-to-take-on-big-business-and-big-tech-undimmed-by-recent-failures\/"},"modified":"2023-07-29T04:20:47","modified_gmt":"2023-07-29T08:20:47","slug":"khan-plans-for-ftc-to-take-on-big-business-and-big-tech-undimmed-by-recent-failures","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/khan-plans-for-ftc-to-take-on-big-business-and-big-tech-undimmed-by-recent-failures\/","title":{"rendered":"Khan&#8217;s determination to tackle big business and Big Tech remains strong despite recent setbacks."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">28<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fkhan-plans-for-ftc-to-take-on-big-business-and-big-tech-undimmed-by-recent-failures%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1985620&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>Federal Trade Commission\u2064 Chairwoman Lina \u200dKhan: Leading the Charge for Antitrust Enforcement<\/h2>\n<p>Federal Trade Commission Chairwoman Lina Khan is undaunted in her mission to bring a more aggressive \u200bapproach to antitrust enforcement against big business and Big Tech.\u2064 Despite facing \u200csome <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/dems-in-actual-disarray-how-senate-democrats-fumbled-confirmation-of-a-top-biden-nominee\/\" title=\"Dems in Actual Disarray: How Senate Democrats Fumbled Confirmation of a Top Biden Nominee\">high-profile defeats<\/a> in court, Khan remains committed to her goal.<\/p>\n<h3>A New\u2063 Approach to Antitrust<\/h3>\n<p>Khan, appointed to head\u200b the FTC\u200d in 2021, is spearheading the movement known as &#8220;hipster\u2063 antitrust.&#8221; This approach challenges\u2064 the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/khan-plans-for-ftc-to-take-on-big-business-and-big-tech-undimmed-by-recent-failures\/\" title=\"Khan's determination to tackle big business and Big Tech remains strong despite recent setbacks.\">traditional consumer welfare \u2064standard<\/a>\u200c and takes\u2062 into account factors like corporate concentration \u2062and income inequality \u200dwhen evaluating mergers and \u2064acquisitions.<\/p>\n<h3>Overcoming\u200d Obstacles<\/h3>\n<p>While Khan has faced stumbling blocks in implementing her agenda, including recent defeats in court, her allies believe \u200bshe will continue to make progress. They argue that changing interpretations of\u200b antitrust laws and demonstrating the need for a\u2063 more aggressive approach will take time.<\/p>\n<p>Charlotte Slaiman, the competition director at Public Knowledge, explains, &#8220;We knew that it was going to be a long process to\u200d bring today&#8217;s \u2063antitrust\u200c precedents in line with modern economics \u200dand the needs of\u200b our economy. So I&#8217;m not surprised that that hasn&#8217;t been completed in the couple years that\u200c [Khan&#8217;s] had so\u2062 far.&#8221;<\/p>\n<h3>Antitrust\u2063 Policy: A Slow Turn<\/h3>\n<p>Comparing \u200bsteering antitrust policy to turning \u200ca massive oceanliner, Slaiman emphasizes \u2062that it takes time to\u2064 change course. Khan&#8217;s opponents, however, argue that she has failed to gain traction and question her enforcement approach.<\/p>\n<p>Matt Schruiers, president of\u200c the Computer and Communications \u200cIndustry Association, states, &#8220;I don&#8217;t believe we&#8217;ve seen any evidence that suggests \u200bthat \u2062antitrust\u2062 regulators at the FTC intend to change\u2062 course from \u200da very ideologically motivated enforcement approach.&#8221;<\/p>\n<h3>FTC&#8217;s\u200b Commitment to \u200cConsumers<\/h3>\n<p>An FTC spokesperson assures that the agency remains committed to protecting consumers \u200bfrom <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/lawsuit-against-universal-pictures-could-set-precedent-for-warner-bros-to-be-sued-for-keeping-amber-heard-in-aquaman-and-the-lost-kingdom\/\" title=\"Lawsuit Against Universal Pictures Could Set Precedent for Warner Bros. To Be Sued for Keeping Amber Heard in \u201cAquaman and the Lost Kingdom\u201d\">unlawful business practices<\/a> and monopoly power. They highlight the agency&#8217;s responsibility to screen and deter potentially \u2063anticompetitive\u200d deals that could harm the \u2062American\u2064 public.<\/p>\n<h3>Successes and Challenges<\/h3>\n<p>While the FTC has faced setbacks \u200bin court, it has also celebrated\u2064 victories in other cases. The agency&#8217;s \u2062success in settling with \u2063companies\u200b like\u200d Surescripts \u200ddemonstrates its commitment to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/female-athletes-denounce-biden-executive-order-on-gender-identity\/\" title=\"Female athletes denounce Biden executive order on gender identity\">promoting fair competition<\/a>.<\/p>\n<p>However, \u200ccritics argue \u200dthat these\u2064 victories are not directly related to \u2063the hipster antitrust agenda.\u200c Ashley Baker,\u2063 director of\u200c policy at the Committee for Justice, suggests that Khan&#8217;s struggles have primarily arisen in litigated merger \u200bcases.<\/p>\n<h3>Tension and Scrutiny<\/h3>\n<p>Khan&#8217;s vision for antitrust has created tension\u2062 among FTC employees, leading to a\u2063 decline in workplace rankings and an increased\u200b rate of lawyer departures. Additionally, the agency&#8217;s leadership is heavily partisan\u200b due to \u2063the absence\u200d of two \u200dRepublican commissioners.<\/p>\n<p>The FTC has also faced increased scrutiny from Congress, with\u200d Rep.\u2063 Jim Jordan leading the charge. Khan has responded to these efforts, \u2062accusing\u2063 Jordan of attempting to \u200cintimidate and harass the agency&#8217;s career\u200b staff.<\/p>\n<h3>Khan&#8217;s Impact and Future<\/h3>\n<p>Despite \u200cthe challenges, Khan remains \u2064steadfast in her mission. She gained recognition for\u200b her work on antitrust \u200breforms \u200bwith her publication \u2063&#8221;Amazon&#8217;s Antitrust Paradox&#8221; in 2017. Khan&#8217;s tenure as FTC chairwoman continues to shape\u2063 the future of \u200cantitrust\u200c enforcement.<\/p>\n<p>Source: <a href=\"https:\/\/www.washingtonexaminer.com\/news\/ftc-chair-lina-khan-undeterred-by-court-losses\">The Washington Examiner<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>FTC Chairwoman Lina Khan remains undeterred despite recent court setbacks. Her mission to enforce antitrust laws more forcefully on big corporations and Big Tech continues. Appointed in 2021, Khan has spearheaded efforts to halt monopolistic practices.<\/p>\n","protected":false},"author":1,"featured_media":1985621,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[],"class_list":["post-1985620","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1985620","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1985620"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1985620\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1985621"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1985620"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1985620"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1985620"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}