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The Latest Breaking News from Lina Khan

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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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.

Fortune

'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.

Benzinga

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

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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

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

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

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Reason

Pepsi Suffers the Wrath of (Lina) Khan

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

The Guardian - US

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

Fortune

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.

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Tom’s Guide

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.

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.

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

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.

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People

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