The Guardian - Lina Khan’s legacy could prove to be fragile as Trump pick takes helm of FTC
Executive director Barry Lynn is referenced in The Guardian article discussing Lina Khan's legacy at the Federal Trade Commission (FTC). Lynn critiques Khan’s tenure, highlighting the complexities and challenges faced in advancing antitrust policy under her leadership, particularly in relation to corporate concentration and Big Tech's influence.
Lina Khan was installed as the US’s top antitrust watchdog with a mandate to turn the page on an era of light-touch enforcement. According to her critics, Khan was a “bully” with “unchecked power”. But, by her reckoning, this new era brought “off the charts” success.
In Silicon Valley and beyond, industry leaders argue she went too far. Some officials inside the Federal Trade Commission (FTC) complained the agency was hamstrung by mismanagement. And now, as Khan prepares to step down, her successor has made no secret of his plan to break with her agenda.
Allies of Khan, who was appointed by Joe Biden to reset the federal government’s decades-old stance on competition and push back against monopolization, argue that such resistance and criticism were inevitable. Such an abrupt change in tack was bound to put noses out of joint.
Read the full article here.