The Biden Antitrust Shift Against Big Tech
Meet Lina Khan.
President Barack Obama was more moderate than many might think or remember. While he was a champion for many progressives, one area where he was anything but was in antitrust enforcement. In particular, his administration was very cozy with Big Tech, as detailed further below.
With the appointment of Lina Khan as Chair of the Federal Trade Commission (“FTC”), President Joe Biden sent a message to big business that they should not expect more of the same. Khan may be young (32), but anyone who reads her note in The Yale Law Journal, Amazon’s Antitrust Paradox, knows she means business when it comes to scrutinizing anticompetitive activity. The rest of her scholarship is equally impressive, as was her work at the Open Markets Institute.
The glory days are over for Big Tech in the antitrust arena. In fairness to President Donald Trump, his administration challenged these titans of industry, although most of their scrutiny was misplaced. It’s hard to argue that Big Tech discriminates against conservatives when The Daily Wire dominates Facebook.
The Obama Revolving Door to Big Tech
Speaking of daily lives, many Obama administration alumni now find themselves working for Big Tech firms. While regulatory capture is not unique…
