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The Latest Breaking News from Lina Khan

Mark Cuban on the $38 trillion national debt and the absurdity of U.S. healthcare: we wouldn't pay for potato chips like this

"Can you imagine if a Pringles distributor paid full retail to Pringles and then sold to grocery stores for full retail, and then the grocery stores had to wait for a rebate?"

Fortune

Mamdani Needs a Maximalist Vision of Mayoral Power To Achieve His Goals. Lina Khan Has a Plan.

As one of Mamdani's top advisers, Khan has been making a list of all the "authorities that the mayor can unilaterally deploy."

Reason

Martin Shkreli Warns Elizabeth Warren And Zohran Mamdani Policies Would Make US Stock Returns Resemble France, Japan's Dismal Performance

While comparing U.S. equity market returns over the past 35 years with those of France and Japan, investor Martin Shkreli issued a sharp warning regarding the growing influence of progressive lawmakers on the nation’s economy.

Benzinga

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Why the economy has that ‘weird feeling of something you like getting worse’: One of America’s top legal theorists on ‘the age of extraction’

“My understanding of America is that it’s the place where things are supposed to get better,” Columbia Law School’s Tim Wu told Fortune.

Fortune

Meta's Victory Over the Federal Trade Commission Shows the Market Moves Faster Than Antitrust Enforcement

The decision ends the witch hunt begun under the first Trump administration.

Reason

Wealthy New Yorkers Reportedly 'Looking For Therapy' After Zohran Mamdani Taps Former FTC Chair Lena Khan As His Transition Team Co-Chair

New York City's business elite didn't wait long to panic after Mayor-elect Zohran Mamdani announced that former Federal Trade Commission Chair Lina Khan would co-lead his transition team.

Benzinga

Mamdani’s appointment of Lina Khan a warning to private equity, experts say

Ex-FTC chair was among first to go after practice of folding local firms into larger ones leading to higher prices

The Guardian - US

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How Lina Khan Is Busy Striving To Maximize Mamdani's Power

Using the mighty power of government to…make stadium hot dogs cheaper? It's one of many ways Khan's petty populism could be coming to New York City.

Reason

Yes, New York will soon be under new management. But Zohran Mamdani is just the start

Lina Khan outraged corporates and conservatives as head of the Federal Trade Commission. Expect more of the same now she’s with the mayor-elect’s transition team, writes Carys Afoko

The Guardian - UK

Mamdani Teaming Up With Lina Khan Paints a Grim Picture of What's To Come

She's baaaaack...

Reason

Zohran Mamdani announces all-female transition team as he prepares for New York mayoralty

Team includes Lina Khan, the FTC commissioner under Biden, and other Democratic former city officials

The Guardian - US

This College Dropout Thinks His AI Startup Can Do What Elon Musk Couldn't: Expose Fraud

Alex Shieh, creator of Bloat@Brown, co-founded the Antifraud Company to investigate and publicize corporate fraud in critical government programs.

Reason

As Microsoft lays off thousands and jacks up Game Pass prices, former FTC chair says I told you so: The Activision-Blizzard buyout is 'harming both gamers and developers'

When you're right, you're right.

PC Gamer

Amazon Is Being Forced To Pay $2.5 Billion for Making It Easier To Sign Up for Prime

The Federal Trade Commission reached a settlement with Amazon in its yearslong lawsuit against the company for "dark patterns" in Prime sign up and cancellation.

Reason

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Fortune

Why Amazon’s $2.5 billion Prime settlement with the FTC is actually a giant win for the company

The surprise settlement between the online retail giant and the Trump administration happened just a few days into the trial over one of Amazon’s most important businesses. Amazon is paying a steep price—and taking a big win.

Fortune

Amazon's famed 'Customer Obsession' credo is on trial in a federal courtroom this week

On Monday, a federal judge will begin hearing the FTC's case alleging Amazon tricked people into signing up for Prime and made it too hard to cancel.

Benzinga

'Are You Really Free If Your Groceries Are So Expensive You Can't Afford Them?' Asks Former FTC Chair Lina Khan, Challenging Corporate Power

For years, Americans have been told the free market is working just fine. But former Federal Trade Commission Chair Lina Khan is pushing back against that idea, saying that growing corporate consolidation is making life harder and more expensive for everyday people.

Salon

Joni Ernst has a challenger

JD Scholten, professional athlete and Democrat, spoke to Salon about how his party can win even in Trump country

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Reason

Trump's FTC Chair Is Continuing To Push Lina Khan's Antitrust Ideology

The Federal Trade Commission was established to protect consumers. Under Biden and Trump, its focus has shifted.

Fortune

Ex-FTC commissioner accuses former chair Lina Khan of 'procedural shenanigans' that iced M&A activity

A former FTC official who served under Khan said the accusation was “shockingly out of touch with reality.”

The Independent UK

Zuckerberg reportedly cozied up to Trump so he could settle his FTC lawsuit for $450m instead of $30bn

Zuckerberg attempted to settle an antitrust lawsuit with the FTC with the support of Trump – but it was ultimately unsuccessful

The Guardian - US

Meta faces antitrust claims at trial over Instagram and WhatsApp ownership

Facebook parent faces threats of illegal social media monopoly after spending billions to acquire two platforms

Fortune

Is Google’s $32 billion Wiz acquisition a one-off—or a sign that Big Tech M&A is back?

Google plans to acquire cybersecurity company Wiz for $32 billion in what would be the search giant’s largest-ever acquisition.

Fortune

Trump’s FTC chair is looking to ‘combat inflation by making sure wages stay up’

The new head of the Federal Trade Commission, Andrew Ferguson, appears set to carry forward his predecessor Lina Khan’s torch and crack down on anti-worker policies and illegal mergers.

Fortune

Plaid has boomed since its failed $5.3 billion Visa merger. Now its CEO is predicting a fintech summer

How will the chaotic environment in D.C. impact the financial technology sector?

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