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FTC Chair Lina Khan looks for allies and leads in Silicon Valley charm offensive

Nov 04, 2023 - reuters.com
Federal Trade Commission (FTC) Chair Lina Khan has been engaging with Silicon Valley in an effort to change her image as a Big Tech adversary. During her two-day trip, she communicated her support for entrepreneurs and founders, emphasizing the importance of direct engagement with startups. Khan also reiterated her focus on artificial intelligence, expressing concerns about potential monopolies impeding innovation and competition.

Despite her outreach, Big Tech companies like Amazon and Meta still view Khan as an obstacle, due to her previous work highlighting anticompetitive practices. Both companies have requested her recusal from any antitrust investigations into their practices, questioning her impartiality.

Key takeaways:

  • Federal Trade Commission Chair Lina Khan visited Silicon Valley to engage with tech community and reverse her reputation for being a scourge of Big Tech.
  • Khan emphasized her focus on artificial intelligence and expressed concerns about a handful of companies controlling critical inputs into this technology, potentially impeding innovation and competition.
  • Despite the FTC's hard line on what it views as unlawful mergers, Khan stressed that the agency's goals are aligned with innovators and entrepreneurs, and its laws aim to protect consumers and workers.
  • Big Tech companies, particularly Amazon and Meta, view Khan, who has previously criticized Amazon’s practices as anticompetitive, as an impediment and have sought her recusal from any antitrust investigations into their practices.
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