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Monopoly Isn’t A Game (with Lina Khan)

30 snips
May 22, 2025
In this engaging discussion, Lina Khan, the youngest-ever chair of the Federal Trade Commission, delves into the critical implications of monopolies on market innovation and consumer welfare. She highlights the surprising bipartisan support for antitrust measures and reflects on her swift rise to prominence after her groundbreaking work on Amazon. The conversation covers the complexities of market dominance and the urgent need for active antitrust enforcement, emphasizing how monopolistic behavior stifles competition.
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INSIGHT

Bipartisan Support for Antitrust

  • Antitrust enforcement enjoys bipartisan support across diverse political figures.
  • Historically, views on antitrust have shifted, reflecting different government priorities over time.
INSIGHT

Defining Monopoly Power

  • A monopoly is shown by the power to raise prices or degrade products without losing customers.
  • Both market share and behavior serve as evidence of monopoly power in antitrust cases.
ANECDOTE

Amazon Research Origin Story

  • Lina Khan researched Amazon thoroughly before law school, uncovering its unique structural market power.
  • This research revealed gaps in antitrust law's ability to address modern digital monopolies.
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