Open Markets Institute

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Bloomberg - Lina Khan Is Just Getting Started (She Hopes)

Executive director Barry Lynn argues that regulations limiting the power of large brewers have fostered competition and innovation in the U.S. beer industry, similar to how laws helped diversify the wine market.

A few days after Joe Biden dropped out of the presidential race in July, Reid Hoffman appeared on CNN and voiced his support for Kamala Harris, with an asterisk. Hoffman, a Democratic megadonor and venture capitalist best known for co-founding LinkedIn, made his case for Harris as the candidate of business. He said that as a former senator from California, she understood the value of his industry. He said that in contrast to Donald Trump, she represented stability, unity, the rule of law. But there was at least one person he hoped she wouldn’t keep around: Lina Khan, the chair of the Federal Trade Commission. Khan, he said, was overstepping her bounds, “waging war” on business and “not helping America.”

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