Just hours after the Senate confirmed Columbia law professor Lina Khan as the new Democratic commissioner of the Federal Trade Commission, the Biden administration reportedly picked her to run the agency. Sen. Amy Klobuchar, D-Minn., first noted Khan’s selection as FTC chair in a Senate Judiciary antitrust subcommittee hearing on Tuesday. A White House spokesperson confirmed the pick. The 32-year old Khan has been a staunch critic of Amazon, Facebook and Google, contending that they abuse their market power. She’s also warned of tech firms that could mine consumer data in a way that endangers privacy. The selection is a huge warning shot to big tech companies that the Biden administration will put close scrutiny on how they wield market might to acquire and crush the competition. Khan’s power could also be buoyed by efforts in the House from both parties to limit anti-competitive behavior in Silicon Valley. The FTC […]
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