digital markets

When Lina Khan took over as Chair of the Federal Trade Commission, she vowed to stiffen antitrust enforcement. Two years in, her attempts to rein in big mergers through the court system have been mostly unsuccessful. We speak to Khan about her big tech losses and why the FTC is concerned about ChatGPT.  Further Reading: - ChatGPT Comes Under Investigation by Federal Trade Commission  - Lina Khan Is Taking on the World’s Biggest Tech Companies—and Losing  Further Listening: - Microsoft’s Big Win Against the FTC  - Biden’s New FTC Chair Squares Off With Big Tech  Learn more about your ad choices. Visit megaphone.fm/adchoices

Lina Khan, an associate professor of law at Columbia Law School, joins Scott to discuss the latest around Big Tech’s unchecked power and the broader effects of monopolistic behavior on the economy. She shares her thoughts on how break ups could benefit the markets, why traditional antitrust laws aren’t necessarily suited for the digital market, and how the dynamics of antitrust have changed over the past couple of years. Follow Lina on Twitter, @linamkhan. (14:43) Scott begins by outlining how we could have used our $5 trillion stimulus effort to prop up Americans who needed the most help, rather than letting the rich get richer. Related Reading: The Great Grift. This Week’s Office Hours: why Big Tech probably won’t make a move into the DTC genetic testing market and how rundles increase a company's valuation. Have a question for Scott? Email a voice recording to officehours@section4.com. (42:00) Algebra of Happiness: demonstrate more grace. (54:26) Learn more about your ad choices. Visit podcastchoices.com/adchoices