FTC Chair Khan Discusses Deere Lawsuit, Big Tech, and M&A
In a recent interview, Khan touched on several key issues facing the Federal Trade Commission (FTC) under her leadership. She discussed the agency’s focus on addressing concerns related to big tech companies and their impact on competition in the market. Khan emphasized the importance of enforcing antitrust laws to promote fair competition and prevent monopolistic practices in the industry.
The discussion also touched on the future of TikTok in the US, with Khan highlighting the need for a comprehensive approach to regulating social media platforms. She emphasized the importance of protecting consumer data and ensuring that these platforms are held accountable for their practices.
When asked about the outlook for mergers and acquisitions (M&A) in the tech industry, Khan acknowledged the FTC’s role in reviewing these transactions to ensure they do not harm competition. She emphasized the importance of conducting thorough investigations to assess the potential impact of these deals on the market.
Khan’s comments shed light on the FTC’s efforts to address the challenges posed by big tech companies and their growing influence in the market. By enforcing antitrust laws and holding these companies accountable for their actions, the agency aims to promote fair competition and protect consumers.
Overall, Khan’s insights offer valuable perspective on the future direction of the FTC under her leadership. As the agency continues to navigate the evolving landscape of the tech industry, it remains committed to upholding its mandate of promoting competition and protecting consumers.
