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The Latest Breaking News from Lina Khan

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.

WEKU

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.

Reason

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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.

Fortune

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

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

Zenger

Judge Blocks Biden Administration's Strict Asylum Restrictions

Plus: Digital rights groups protest "bad internet bills," the FTC might be readying another lawsuit against Amazon, and more...

Reason

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Larry Summers ‘disappointed’ in FTC’s new merger guidelines. It’s not the first time he’s disagreed with the Biden admin

The former Treasury secretary has a track record of criticizing the Biden administration’s economic policies.

Fortune

Private equity’s favorite way to make acquisitions may be illegal, FTC chair Lina Khan says

FTC Chair Lina Khan said the agency is looking into whether roll-up strategies, often used by private equity firms, violate antitrust laws.

Fortune

Biden's White House is taking on corporate mergers, landlord junk fees and food prices

The Biden administration is proposing new guidelines for corporate mergers, taking steps to disclose the junk fees charged by landlords and launching a crackdown on price-gouging in the food industry

The Independent UK

FTC and Justice Department double down on strategy to go after corporate monopolies

New guidelines from the FTC and Justice Department are part of a broader push to promote competition and limit what the White House sees as excessive consolidation.

WEKU

Are A.I. regulatory fears just an 'upsell' opportunity for Big Tech?

A.I. ethics, safety, and regulation concerns may just be another "upsell" opportunity for some tech firms.

Fortune

The FTC chair taking on Big Tech

Republicans smeared Khan as a "bully" who is "misleading" the FTC. Here's why an FTC chair is enraging the right

Salon

ChatGPT creator OpenAI faces US probe over libellous output

US Federal Trade Commission asks startup to provide information about safeguards amid reports of defamatory content.

Al Jazeera

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The Guardian - US

Republicans attack FTC chair and big tech critic Lina Khan at House hearing

Khan accused of giving herself ‘unchecked power’ by taking aggressive steps to regulate Twitter, Meta and Google

Windows Central

Explosive Exchange: FTC Chair faces off against hostile US Congress over Microsoft-Activision merger

The tax-payer funded U.S. FTC hasn't had much luck recently. FTC Chair Lina Khan was accused of "intentionally" taking cases it knew it would lose in a fraught hearing at the U.S. House of Representatives. Watch the clips here.

WEKU

FTC investigating ChatGPT over potential consumer harm

ChatGPT sees its first hint of regulation as the federal agency requests documentation about its business practices.

Tribune News Service

OpenAI’s ChatGPT bot probed by FTC over consumer harms

The U.S. Federal Trade Commission has opened an investigation into OpenAI Inc., questioning whether its popular ChatGPT conversational AI bot puts consumers’ reputations and data at risk, according to a person familiar with the matter.

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The Independent UK

House Republicans set to interrogate FTC's Khan over ethics, antitrust issues

House Republicans who say the Federal Trade Commission has been overzealous and politicized under President Joe Biden are set to interrogate agency head Lina Khan on Thursday

Tribune News Service

Why FTC's child privacy push costs Amazon, Microsoft millions

SEATTLE — With the recent spate of privacy-focused investigations, government regulators may be looking to send Big Tech a message — and it's landing in Seattle's tech-fueled backyard.

Reason

The Geopolitics of Extraditing Hackers

Episode 466 of the Cyberlaw Podcast

Multichannel News

FTC Proposes ‘Click-to-Cancel’ Online Subscription Rule

Follows lawsuit filed against Amazon over Prime auto-renewal

The Guardian - US

Amazon duped millions into enrolling in Prime, US regulator says in lawsuit

Federal Trade Commission alleges Jeff Bezos firm used ‘manipulative and deceptive user-interface designs to trick consumers’

WEKU

FTC sues Amazon for 'tricking and trapping' people in Prime subscriptions

Federal regulators say Amazon uses manipulative techniques to enroll shoppers into Prime memberships that are purposefully hard to cancel.

Fortune

As FTC sues Amazon over Prime, Lina Khan says it 'tricked and trapped people into recurring subscriptions without their consent'

Khan noted that Amazon “revamped its Prime cancellation process for at least some subscribers shortly before the filing of this Complaint.”

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