AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Allies and Antitrust: Navigating Big Tech's Landscape
J.D. Vance, a notable ally in Congress, praises Lena Kahn from the Biden administration, highlighting their shared Yale background and her competence. Vance and others express concerns about big tech monopolies, particularly how companies like Google hinder the growth of new startups due to perceived antitrust violations. The venture capital community distinguishes between 'big tech' and 'little tech,' further emphasizing the challenges for emerging businesses. Despite Vance's support, internal divisions exist, exemplified by Elon Musk's prediction of Kahn's potential dismissal. This suggests a future FTC leader will likely share Kahn's critical stance on competition, although Kahn herself may not remain in the position.