Fast Company January 19, 2022
The agency is redefining how it thinks about harm in order to tackle big antitrust questions raised by companies like Amazon, Apple, and Meta.
Lina Khan has given her first on-camera interview since being named chair of the Federal Trade Commission. In it, the legal scholar, who has previously excoriated companies like Amazon for nimbly working around antitrust laws to undercut competitors and expand into new territory, talked about the current state of the commission. Below are five takeaways from her conversation with CNBC’s Aaron Sorkin and New York Times columnist Kara Swisher.
The agency is underfunded
“We are severely under-resourced,” Khan said of the FTC. There are currently 1,100 people working for the commission, which she says is about...