New York Times

FTC Chair Faces Criticism in Congressional Hearing

Lina Khan, the chair of the Federal Trade Commission, faced more than three hours of criticism and ridicule from Republicans in a House hearing, as emboldened critics increasingly put pressure on the agency for its crackdown on the growing power of tech giants. During the highly partisan hearing, Republicans accused Chair Khan, who has carried out an aggressive agenda of lawsuits and investigations against tech companies, of “harassing” businesses.

Mark Zuckerberg’s Threads Poses a Conundrum for Regulators

In an era of tighter antitrust scrutiny of Big Tech in the United States, in Europe and elsewhere, what questions does Meta’s effort to extend its social media reach raise about the industry’s ability to expand into new areas — even when players build new services themselves, rather than buy a smaller foe? Size matters, but it’s just one factor. Regulators will want to know how Meta is gaining market share. Data concerns loom large.  Being big doesn’t run afoul of antitrust law. “The key is network effects.”  “There’s a narrative out there that anything a tech company does is bad.”