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The Latest Breaking News from Lina Khan

Joni Ernst has a challenger

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

Salon

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.

Reason

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.”

Fortune

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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 Independent UK

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

The Guardian - US

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

Amazon Stock Regains Some Ground But Still On Track For Sixth Straight Weekly Decline

Amazon hasn't fallen for this many consecutive weeks since mid-2022.

Investors Business Daily

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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?

Fortune

Pepsi Suffers the Wrath of (Lina) Khan

Outgoing FTC Chair Lina Khan sues Pepsi for violating Robinson-Patman Act.

Reason

Lina Khan’s legacy could prove to be fragile as Trump pick takes helm of FTC

Outgoing agency head was a determined antitrust enforcer during her tenure, but some detractors say she was a bully with unchecked power

The Guardian - US

Caught secretly selling car owners’ driving data, General Motors slapped with a hefty ban by Lina Khan’s FTC

The U.S. carmaker had been harvesting drivers' data that was of particular value for insurers keen on better assessing the risk posed by policyholders.

Fortune

UnitedHealth, employer of slain exec Brian Thompson, found to have overcharged cancer patients for drugs by over 1,000%

The report is the latest indictment of America’s broken healthcare system.

Fortune

Musk, TikTok, and big tech – Donald Trump and data privacy

Donald Trump has returned to the White House and become President of the United States for a second time. But eight years after his last stint, what does this Trump administration mean for the future of data privacy in the US.

Tom’s Guide

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Reason

The Incoming FCC Chief Is No 'Warrior for Free Speech'

Brendan Carr is prepared to block a merger because he doesn't approve of minor CBS editorial decisions.

Investors Business Daily

Biotech Stocks Prepare For Action In 2025. Weight-Loss Drugs, AI And Trump 2.0 Are The Catalysts.

Biotech stocks are poised for an exciting 2025 as experts watch for new weight-loss drugs, AI's impact and Trump's second presidency.

MarketBeat

Is Warner Bros. Discovery Stock a Buy After Recent Drop?

Warner Bros. Discovery announced plans to make big changes to the organization of its business. Is the stock a buy after this news?

The Independent UK

Concert promoters, hotels and lodging sites soon will have to disclose extra fees up front

The Federal Trade Commission says it will soon require hotels, vacation rental platforms and live event promoters to disclose any fees up front when they list prices

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The Guardian - US

Trump will destroy the government agencies that most help working people

For all its supposed ‘populism’, the new administration will probably target offices that protect consumers

Salon

Under Trump, the "Khan approach" is dead

Trump's nominees in the FTC and DOJ's antitrust division will test the "Khanservative's" commitment to antitrust

Reason

Mark Meador's Nomination to the Federal Trade Commission Is Bad News for Consumers

Meador’s nomination is a win for antitrust activism and a blow to economic freedom.

Investors Business Daily

Trump FTC Pick Good News For Big Tech, Says Analyst. 'We Expect The Strong To Get Stronger.'

Wedbush analysts are bullish that Trump's pick for FTC chair will boost dealmaking for technology companies.

Reason

Trump Is Coming for Tech Companies

It looks like we can expect the antitrust assaults to continue.

The Independent UK

FTC opens Microsoft antitrust investigation that Trump administration must carry on or drop

Antitrust enforcers with the Federal Trade Commission have opened a wide-ranging investigation into Microsoft’s business practices, starting off a big legal project that an incoming Trump administration must take up or abandon

Windows Central

FTC Chair Lina Khan fires a parting shot at Microsoft: The United States Federal Trade Commission has opened "broad" antitrust investigation into Microsoft's entire business

Lina Khan departs in January 2025, which begs the question as to whether or not anything will come of this latest FTC vs. Microsoft scuffle.

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People

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