FTC Chair Lina Khan's Antitrust Crackdown

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CBS News

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FTC head Lina Khan fighting Big Tech, Big Pharma and Big Groceries as trustbuster

Summary

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72% Informative

Lina Khan is the youngest ever Federal Trade Commission chair.

She is feared and loathed in boardrooms , cheered on by progressives and some MAGA Republicans .

Her pursuit of big business represents a policy shift after a decades -long FTC hands-off approach allowing most mergers and acquisitions.

Khan is also facing lawsuits from corporations who want the FTC to be reined in.

There's even a nickname for conservatives who support Khan : Khan-servatives. Still, Khan is unlikely to keep her job if former President Donald Trump wins the election. It's also unclear if Khan would keep her job if Vice President Kamala Harris wins. Some of Harris ' biggest donors are people who want Khan out of the FTC . "My focus is not listening to what CEOs are saying on TV," Khan said. "It's important in these jobs to really stay focused and block out a lot of the noise.".

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Informative language

Neutral language

Article tone

semi-formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful