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The Latest Breaking News from Lina Khan

FTC Fights Grocery Store Merger That May Bring Down Prices

Who needs better prices, products, and customer service?

Reason

OpenAI’s board is facing backlash for firing CEO Sam Altman – but it’s good it had the power to

The sudden removal of OpenAI CEO Sam Altman on Friday was met with shock and disapproval by the company’s employees. More than 90% signed a letter threatening to leave OpenAI if the board didn’t resign and reinstate Altman – who has since apparently been poached by Microsoft, along with a…

The Conversation

Lina Khan speaks out about FTC’s private equity lawsuit: ‘We’re putting the market on notice’

Khan says a recent Federal Trade Commission lawsuit is meant to chill the consolidation of medical groups that results in higher prices for consumers. But it may be too late to curb price hikes.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

A Bonus Reason Roundtable. Live From Washington, D.C.!

Plus: Is Veep more realistic than House of Cards?

Reason

The Wildly Misleading Statistic at the Center of the FTC's Antitrust Case Against Amazon

Lina Khan says this number is crucial to understanding Amazon's monopoly power, but she's either confused or lying about what it means.

Reason

What Do The Exxon Mobil And Chevron Deals Say About The Oil Industry's Future?

Exxon Mobil bought Pioneer Resources, Chevron scooped up Hess: the biggest industry deals in more than 20 years. What does it tell us?

Investors Business Daily

Senate Democrats, Schumer Alert FTC On Risks From Acquisitions By Exxon Mobil And Chevron

Exxon Mobil stock has edged down since it announced the deal for Pioneer Natural Resources. Meanwhile, CVX has also dropped after agreeing to acquire Hess.

Investors Business Daily

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Is It Time To Trust-Bust Taylor Swift?

The pop singer's new concert film inadvertently makes the case for big businesses with sweeping market power.

Reason

The Amazon antitrust lawsuit is likely to be a long and arduous journey for the FTC

The Federal Trade Commission’s long-awaited antitrust lawsuit against Amazon is the most aggressive move it has taken yet to tame the market power of a company that’s become synonymous with online shopping and fast deliveries

The Independent UK

FTC Chair Lina Khan's lawsuit isn't about breaking up Amazon, for now

The FTC's Lina Khan speaks to NPR about the goals of the agency's monopoly lawsuit against Amazon and why she thinks the company unfairly treats sellers on its marketplace.

WEKU

Amazon Gets Sued Bigly

Plus: Trump commits fraud, a hacker house cooks steak, progressive movements can't stop failing, and more...

Reason

‘Different set of rules’: how FTC head Lina Khan is fighting tech giants such as Amazon

Youngest ever Federal Trade Commission chief and antitrust scholar is suing Amazon in latest effort to take on big tech – not always with success

The Guardian - US

A threat to Amazon and a test of the FTC: is this big tech’s antitrust reckoning?

At the core of the case is whether the company used its position to disadvantage rivals and the power of the agency to rein in tech firms

The Guardian - US

US government accuses Amazon of using its power to inflate prices

Federal Trade Commission and 17 states sue retail giant in major antitrust case

The Guardian - US

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news in one place.

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Reason

FTC Files Antitrust Lawsuit Against Amazon

Among the allegations, the agency charges that Amazon Prime subscribers are incentivized to make the most of their subscription by buying more products.

Fortune

The FTC’s case against Amazon could set a dangerous precedent–and benefit other retailers

'The latest lawsuit against Amazon fulfills the agenda Chair Lina Khan brought to the FTC,' writes Ted Bolema.

Investors Business Daily

Amazon Stock Falls After Massive FTC Lawsuit Alleging Illegal Monopoly

The Federal Trade Commission sued Amazon, alleging the tech giant uses its market power to inflate prices and overcharge competitors.

The Independent UK

Amazon facing major anti-trust lawsuit for allegedly ripping off customers and suffocating competition

‘Amazon is a monopolist and it is exploiting its monopolies in ways that leave shoppers and sellers paying more for worse service,’ FTC chair Lina Khan said

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news in one place.

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The Independent UK

Amazon sued by FTC and 17 states over allegations it inflates online prices and overcharges sellers

The Federal Trade Commission and 17 state attorney generals filed an antitrust lawsuit against Amazon on Tuesday, alleging the e-commerce behemoth uses its position in the marketplace to inflate prices on other platforms, overcharge sellers and stifle competition

WEKU

U.S. sues Amazon in a monopoly case that could be existential for the retail giant

The Federal Trade Commission and 17 states accuse Amazon of suffocating rivals and raising costs for both sellers and shoppers.

Reason

Competition, Not Antitrust, Is Humbling the Tech Giants

The worst of the antitrust alarmism keeps proving untrue, as tech companies believed by some to be monopolies instead lose market share.

Reason

The Biden Administration's Antitrust Changes Would Be Great for Bureaucrats—and Bad for Consumers

The guidelines would ignore decades of academic findings about how firm concentration can have a positive impact on consumers' welfare.

Fortune

Apple should buy ESPN from Disney for $50 billion, says analyst who calls a deal a ‘no brainer’

Disney’s CEO is searching for a ‘strategic partner’ for ESPN as he looks to adapt the sports network for the streaming era. Would he entertain an outright sale?

Fortune

The Chicago school economist who warned years ago of America's ‘business dynamism’ fading still sees 'something broken in the background'

Ufuk Akcigit and Sina Ates wrote a paper in 2019 that tracked four decades of economic decline in the U.S. The problems haven't gone away.

Zenger

FTC’s Khan Takes Aim At Amazon, Antitrust Lawsuit Looms

FTC's Lina Khan to File Antitrust Lawsuit Against Amazon, Risking Breakup.

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People

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