A biography for Lina Khanhasn’t been written yet.
“As companies race to deploy and monetize A.I., the Federal Trade Commission is taking a close look at how we can best achieve our dual mandate to promote fair competition and to protect Americans from unfair or deceptive practices.”
“I think we've seen time and time again that when you have a company that has captured control over a key artery of commerce, that control can be used unlawfully.”
“Facebook is a repeat violator at the FTC.”
“There can be this basic indignity of being a consumer in America today. And that's what the FTC's trying to fix.”
“In the technology markets, we went through a couple of decades where we saw over 800 acquisitions by the five big players, not a single one of which was blocked. And some of those we realize ended up leading to significant harm.”
“Our investigation uncovered that Amazon's illegal practices were actually raising prices for consumers because it had illegally muscled out rivals, locked them out of the market in ways that if you had more competition that Amazon hadn't squashed, consumers would be even better off.”
“So, we at the FTC have the benefit of getting to hear from a lot of market participants, a lot of businesses, a lot of capital allocators, venture capitalists.”
“At the end of the day, if a business is dependent on tricking or trapping people into subscriptions, that's not a good business model, and that's not one that we should stand for.”
“As antitrust enforcers, we must update our application of the law to new realities.”
“Our obligation is to preserve competition and make sure that mergers are not unlawfully lessening competition.”
“On the competition side, these moments of technological disruption are so important and there is no doubt that AI as a technology presents huge opportunities for advancement, huge opportunities for injecting innovation into the market.”
“I actually simultaneously applied to law school and a job at the Wall Street Journal.”
“If you're deceiving people through algorithms, you don't get some type of free pass because you're saying, 'Oh, the machine did it.'”
“There are probably deal-makers out there who wish we didn't have the antitrust laws.”
“If markets are leading us in directions that we, as a democratic society, decide are not compatible with our vision of liberty or democracy, it is incumbent upon government to do something.”
“We want open markets, rather than a lack of competition resulting in coercion.”
“Antitrust is really about making sure that companies are succeeding by competing on the merits.”
“If you're not enforcing antitrust, you're allowing decades of consolidation that can create inflationary spikes more readily, because your system as a whole is less resilient to that disruption.”
“I think for some time, issues of antitrust were viewed as somewhat arcane.”
“Our focus is on making sure that we are enforcing the rule of law. And I see an enormous amount at risk if you instead sit on your hands and don't address the problems that people face in their day-to-day lives.”