Regulatory scholar known for his anti-Amazon dissertation becomes chairman of the Federal Trade Commission


by

New America

President Joe Biden has appointed Associate Professor Lina Khan of Columbia Law School to chair the Federal Trade Commission (FTC) . Prior to this, the Senate approved Mr. Khan's nomination for the FTC with 69 votes in favor and 28 votes against. The FTC Commissioner and FTC Chairman appointment at the age of 32 is the youngest record in history. Kahn is an antitrust expert and tech pro-regulator, and is known as the author of a harsh criticism of Amazon when he was a law school student.

Lina Khan Sworn in as Chair of the FTC | Federal Trade Commission
https://www.ftc.gov/news-events/press-releases/2021/06/lina-khan-sworn-chair-ftc

Tech antitrust pioneer Lina Khan will officially lead the FTC --The Verge
https://www.theverge.com/2021/6/15/22527709/lina-khan-ftc-commissioner-competition-facebook-amazon-google-apple

Heads up, Big Tech: Lina Khan, Amazon's antitrust adversary, will chair FTC --GeekWire
https://www.geekwire.com/2021/heads-big-tech-lina-khan-amazons-antitrust-adversary-will-chair-ftc/

Lina Khan, Critic of Large Tech Firms, to Lead Federal Trade Commission --WSJ
https://www.wsj.com/articles/lina-khan-critic-of-large-tech-firms-confirmed-for-federal-trade-commission-11623774742

Big Tech, such as Google, Amazon, Facebook, and Apple, have become more profitable than ever, and all have been sued by various countries and organizations on suspicion of antitrust violations. Congress is no exception to these corporate initiatives, and the United States House of Representatives Antitrust Subcommittee, with the help of leading regulatory advocate Khan, has put together a survey and response to Big Tech's market monopoly. Published a report of more than 400 pages in October 2020. In addition, on June 11, 2021, the Antitrust Subcommittee also submitted five antitrust amendments to limit Big Tech's acquisitions and monopolies, strengthening its commitment to regulate Big Tech. ..

Kahn wrote a dissertation entitled 'Amazon's Antitrust Paradox ' in 2017 when he was a law graduate student at Yale University. He argued that 'Amazon's business strategy brings market power and anti-competition' and 'the current law underestimates the risk of anti-competition' and pointed out the need for law revision. The paper has won several awards, including the Academic Paper Award, and Kahn has become known as an antitrust thinker.



President Biden has indicated his intention to appoint Mr. Khan as an FTC member in March 2021, and it seems that he has made steady preparations. With Mr. Kahn taking the position of FTC chairman, more aggressive regulation of corporate monopoly and anti-competitive behavior is expected, and the FTC is investigating the ' right to repair '. for even the expectations of the voice of the'd law amendment advances have raised . However, some lawmakers have criticized Khan's approach as 'too much interference and potentially burdensome for other industries.'

'We look forward to serving the American people, supporting the FTC's mission to protect consumers, workers, and honest businesses from unfair and deceptive practices,' said Kahn. '.




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