'The chairwoman of the Federal Trade Commission should resign or President Joe Biden should request her resignation. Lina Khan has undermined the integrity of the FTC, and she has wasted scarce resources by bringing legal cases without merit.' -James Rogan
. Neo-Brandeisian concepts of protecting smaller, less efficient companies or opposing proposed transactions on the basis that size alone is an impediment to innovation are not part of U.S. antitrust law. Neo-Brandeisian antitrust theories have been rejected by U.S.
Lina Khan has tried to make new antitrust law. She has failed. And this isn't the only example of her failure. Under Khan's stewardship, the FTC had sued to block Meta’s purchase of an emerging virtual reality company. In February of this year, a federal judge denied the FTC’s request to stop Meta from buying the virtual reality content company Within Unlimited. The federal judge point-blank rejected the FTC’s argument that the transaction would reduce competition in a new market.
Khan has struck out against both Microsoft and Meta. Now Khan is going after Amazon. Hers is a long-standing grievance. In a ," Khan argued for a more aggressive approach to antitrust enforcement to counter"Amazon's dominance." The FTC is now preparing a lawsuit against Amazon which could involve the breakup of the company. The FTC says Amazon operates an illegal monopoly concerning Amazon fulfillment services. The FTC says Amazon takes up to 50% of the revenues of sellers on Amazon’s platforms. But Amazon does not have a monopoly in the e-commerce marketplace. Amazon only has aThe numbers are black-letter evidence that Amazon is not a monopolist; Khan is destroying an important agency of the U.S. government.
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