FTC Chair Lina Khan Warns Against Leniency for Amazon and Meta Under Trump Administration
Khan expresses concerns about potential settlements in ongoing antitrust cases as Bezos and Zuckerberg make overtures to President-elect Trump.
- Lina Khan, outgoing FTC Chair, urged her successor not to reach lenient settlements with Amazon and Meta in ongoing antitrust lawsuits.
- Khan highlighted the FTC's progress in litigations accusing Amazon and Meta of anticompetitive practices to maintain monopoly power.
- Jeff Bezos and Mark Zuckerberg have made significant efforts to build ties with President-elect Trump, including $1 million donations to his inauguration fund and visits to Mar-a-Lago.
- Meta has taken steps aligning with Trump's allies, such as appointing Dana White to its board and replacing its fact-checking system with a community-driven model similar to Musk's X.
- President-elect Trump has nominated FTC Commissioner Andrew Ferguson to replace Khan, who has been known for her aggressive stance on antitrust enforcement.