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☆ CEOs wanted Biden’s top business regulator gone. They’re about to get their wish
▼ + stars: | 2024-12-15 | by ( Brian Fung | ) edition.cnn.com time to read: +9 min

Portrait of Andrew N. Ferguson Federal Trade Commission“At the FTC, we will end Big Tech’s vendetta against competition and free speech,” Ferguson posted to Xon Tuesday. Consolidation in tech makes it easier for governments to pressure social media companies to take down content, Ferguson told Missouri Republican Sen. Eric Schmitt. Schmitt, as the state’s attorney general in 2022, led a high-profile lawsuit about alleged social media censorship that wound up before the Supreme Court in its last term. Ferguson has weighed in on social media speech in other ways, too. In a June interview with the Mercatus Center, a libertarian think tank, Ferguson defended some initiatives spearheaded by Khan’s FTC.

Persons: Lina Khan, Trump, Donald Trump, Andrew Ferguson, Mark Meador, Utah Republican Sen, Mike Lee, Ferguson, Mitch McConnell, Khan, “, ” Ferguson, Meta, It’s, Andrew N, Missouri Republican Sen, Eric Schmitt, Schmitt, anticompetitive, ” Organizations: Federal Trade Commission, Business, Utah Republican, Big Tech, Google, Republican, FTC, Republicans, Amazon, Justice Department, Ferguson Federal Trade Commission, Missouri Republican, Biden, Supreme, Mercatus, Khan’s FTC Locations: America, Virginia, Missouri, Louisiana, what’s

☆ Jon Stewart rips into Apple, his old boss, on The Daily Show
▼ + stars: | 2024-04-02 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Jon Stewart on “The Daily Show” Monday revealed what led to his abrupt exit from Apple and the cancellation of his short-lived show on its streaming TV platform. Stewart said that the tech giant prohibited from discussing artificial intelligence or interviewing Federal Trade Commission chair Lina Khan. Stewart and Khan discussed Big Tech monopolies, after the US Justice Department and more than a dozen states sued Apple last week in a blockbuster antitrust lawsuit that accused Apple of illegally monopolizing the smartphone market. Stewart said he had his own issues with Apple, telling Khan that he wanted to have her on the TV show’s companion podcast and “Apple asked us not do it.”“They literally said ‘please don’t talk to her,’” Stewart said. “The Problem with Jon Stewart” ran for two seasons from 2021 to 2023 on Apple TV+.

Persons: Jon Stewart, Stewart, Lina Khan, Khan, Apple, “ Apple, ”, ’ ” Stewart, “, Jon Stewart ”, Trevor Noah Organizations: New, New York CNN, Apple, Federal Trade Commission, Comedy, Big Tech, US Justice Department, FTC, Amazon, Justice Department, Caesars Entertainment, CNN Locations: New York, China, Israel

☆ Premarket stocks: The stock market is dominated by just a handful of companies. The Biden administration is worried
▼ + stars: | 2023-07-25 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +9 min

What’s happening: Two years ago, Lina Khan, 34, became the youngest and perhaps most progressive leader of the FTC’s 100-plus year history. Khan, meanwhile, was unable to successfully block Microsoft from closing its $69 billion purchase of videogame publisher Activision Blizzard last week. The rise of gig workers is changing the face of the US economyFrom CNN’s Samantha DelouyaLazarus Limo usually starts his day at 10 a.m. But workplace experts say the number of gig workers is growing, and and their impact is being felt throughout the economy. But whether the success of both films will translate into a sustained revival of the movie industry remains to be seen.

Persons: New York CNN —, Biden, Lina Khan, haven’t, Khan, Kevin Kiley, Joe Biden, —, Brian Fung, ” Khan, “, ” What’s, She’s, Samantha Delouya Lazarus, ”, that’s, Louis Hyman, ” Read, “ Barbie ”, “ Oppenheimer, Anna Cooban, “ Barbie, Barbie ”, ” Daniel Loria, Disney’s “ Indiana Jones Organizations: CNN Business, Bell, New York CNN, Apple, Microsoft, Nvidia, of America, Big Tech, Federal Trade Commission, FTC, White, Activision Blizzard, Republican, Economic, of New, Yale Law, Amazon, Bloomberg, Tech, Meta, Uber, CNN, DoorDash, of Labor Statistics, Cornell University, “ Society, Insiders, Warner Bros, Universal Studios, Warner Bros ., AMC, Hollywood Locations: New York, California, of New York, Hill , North Carolina, “, United States, Instacart, Disney’s

☆ Josh Hawley, Meet Lina Khan’s FTC
▼ + stars: | 2023-03-08 | by ( The Editorial Board | ) www.wsj.com time to read: 1 min

Readers sometimes ask why we pay so much attention to regulatory agencies, and there are two answers. One is that someone in the press has to do it, and the other is because the administrative state is where most of the abuse in government is these days. See nearby for an example at the Federal Communications Commission, but another is what we’ve been reporting about the Federal Trade Commission under the unrestrained Chair Lina Khan . Republicans in the House are now shining a light on Ms. Khan, and there seem to be few limits on her agency’s willingness to use its power against those she dislikes.

☆ The Many Abuses of Lina Khan’s FTC
▼ + stars: | 2023-02-15 | by ( The Editorial Board | ) www.wsj.com time to read: 1 min

Federal Trade Commission Chair Lina Khan is breaking sundry regulatory norms in her rush to remake modern antitrust law, as commissioner Christine Wilson details nearby in explaining her resignation. Ms. Khan’s norm-busting ironically may make the FTC more vulnerable to legal challenges that eventually weaken its powers. President Biden first broke political norms by installing Ms. Khan as FTC Chair immediately after the Senate confirmed her by a 69-28 vote to serve on the commission. It’s customary for a President when nominating members to independent agencies to announce at the same time if they will serve as chair. Mr. Biden didn’t.

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