Lemonade Stand The Lina Khan Episode | π # 20
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Jul 16, 2025 
Lina Khan, former chair of the FTC and now a professor at Columbia Law, digs deep into antitrust challenges and the evolving role of the FTC. She sheds light on corporate mergers, particularly in gaming, and highlights how they shape consumer experiences. Khan discusses the dark implications of AI in pricing and the significant influence of major players like Amazon on market dynamics. The conversation also emphasizes the need for youth engagement in economic justice and the complexities of regulation in today's tech-driven world.
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FTC's Historical Role & Shift
- The FTC was created to police monopolies and protect consumers from corporate abuse since 1914.
- Enforcement declined post-1970s due to a shift towards believing "big is better" in antitrust policy.
Reagan's Impact on Antitrust
- Reagan-era antitrust philosophy favored large companies, reducing scrutiny on monopolies.
- This shift led to widespread consolidation and less competitive markets.
Consumer Protection Rules Blocked
- Click-to-cancel and non-compete rules faced enormous backlash despite consumer popularity.
- Industry lobbyists delayed enforcement through lawsuits and strategic court challenges.