Offline with Jon Favreau

Lina Khan on Fighting Big Tech

14 snips
Jan 12, 2025
Lina Khan, Chair of the Federal Trade Commission, is taking on Big Tech with bold antitrust initiatives. She discusses the evolving nature of monopolies in the digital age and her unexpected rise as a folk hero in this fight. The conversation also delves into the misinformation crisis exacerbated by social media, especially during emergencies like wildfires, alongside the urgency to save TikTok from looming bans. Khan reflects on the challenges of holding powerful tech companies accountable and the critical need for stronger regulatory measures.
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INSIGHT

Economic Freedom and Antitrust Laws

  • Unchecked economic power can hinder freedom, even in a democracy.
  • Aggressive enforcement of antitrust laws is necessary to ensure economic freedom.
INSIGHT

FTC's Role and Khan's Approach

  • The FTC enforces antitrust and consumer protection laws, ensuring fair competition.
  • Lina Khan's approach uses all available tools and incorporates realistic economic understanding.
INSIGHT

Past FTC Approaches and Their Impact

  • Past FTC chairs took a more hands-off approach, leading to increased market consolidation.
  • This hands-off approach, influenced by the Reagan administration, has negatively impacted the economy.
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