FTC Chair Lina Khan on Microsoft Merger, ChatGPT and Her Court Losses

The Journal.

The Wall Street Journal

Business News, Daily News, News

4.2 • 5.8K Ratings

🗓️ 20 July 2023

⏱️ 18 minutes

🔗️ Recording | iTunes | RSS

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Summary

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

Transcript

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0:00.0	Hi, can you hear me okay?
0:06.9	I can hear you great.
0:07.9	Can you hear me?
0:08.9	Okay.
0:09.9	I am so, so, so sorry to keep you waiting today.
0:11.0	It's been a bit of a crazy day over here.
0:13.4	No problem.
0:14.4	Yeah.
0:15.4	You've had some announcements.
0:16.4	I heard you met the president.
0:17.4	How'd that go?
0:18.4	It was good.
0:19.4	He's excited about the merger guidelines.
0:20.6	So.
0:21.6	All right.
0:22.6	So you're all set up and we're ready to go?
0:24.2	Yes.
0:25.2	Yesterday, we spoke with Lena Khan.
0:28.0	She runs the Federal Trade Commission or the FTC, the agency that's tasked with enforcing
0:33.8	anti-trust laws, basically preventing business monopolies and protecting consumers.
0:41.3	And under Khan, the FTC has been busy taking a tougher stance on big business deals.
0:48.4	The FTC's suing Microsoft to officially block its plan deal with Activision.
	...

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