Biden's antitrust enforcer Khan hit by resignation

Biden's antitrust enforcer Khan hit by resignation

Federal Trade Commission chair Lina Khan is accused of abuse of power and bias against big tech as the last remaining Republican resigns from the FTC
Federal Trade Commission chair Lina Khan is accused of abuse of power and bias against big tech as the last remaining Republican resigns from the FTC. Photo: POOL / GETTY IMAGES NORTH AMERICA/Getty Images via AFP
Source: AFP

PAY ATTENTION: Never miss breaking news – join Briefly News' Telegram channel!

A top competition enforcer for US President Joe Biden was accused Tuesday of abusing her power and bias against big tech as the last remaining Republican resigned from the Federal Trade Commission.

Before taking over as FTC chair, Lina Khan, a respected antitrust academic, was known for her stinging criticism of tech giants that she said had become too powerful, recommending that in some cases they be broken up.

Christine Wilson, a member of the five-person panel that runs the FTC, said that she and her staff had spent "countless hours seeking to expose (Khan’s) abuses of government power."

"Much ink has been spilled about Lina Khan’s attempts to remake federal antitrust law as chairman of the Federal Trade Commission," Wilson wrote in an opinion announcing her resignation in the Wall Street Journal.

Read also

Yellen says 'good policy' for EU to match US green plan with own subsidies

"Less has been said about her disregard for the rule of law and due process and the way senior FTC officials enable her," she added.

Wilson singled out the FTC's failed attempt to block Facebook-owner Meta's purchase of Within, a virtual reality app.

PAY ATTENTION: Follow us on Instagram - get the most important news directly in your favourite app!

The FTC was concerned by Meta's history of buying up promising companies in an effort to expand its reach into the virtual reality business known as the metaverse.

A California judge in January rejected the FTC's lawsuit in a setback for Khan.

In her resignation, Wilson severely criticized Khan’s refusal to recuse herself from the case, despite her history as a major critic of Meta and the other tech giants.

Another Republican commissioner, Noah Joshua Phillips, stood down in October, leaving the FTC with only three commissioners including Khan, all from President Joe Biden's Democratic Party.

Read also

Biden accuses social media companies of exploiting children

"While we often disagreed with Commissioner Wilson, we respect her devotion to her beliefs and are grateful for her public service. We wish her well in her next endeavor," Khan and the two other remaining commissioners said in a statement.

President Biden has made a tougher antitrust policy against big tech a priority in his administration, though he is challenged by a politically divided congress to pass legislation.

The US has trailed governments in Europe and Asia in drawing up more modern rules to curb the power of the biggest tech companies.

PAY ATTENTION: Сheck out news that is picked exactly for YOU ➡️ click on “Recommended for you” and enjoy!

Source: AFP

Authors:
AFP avatar

AFP AFP text, photo, graphic, audio or video material shall not be published, broadcast, rewritten for broadcast or publication or redistributed directly or indirectly in any medium. AFP news material may not be stored in whole or in part in a computer or otherwise except for personal and non-commercial use. AFP will not be held liable for any delays, inaccuracies, errors or omissions in any AFP news material or in transmission or delivery of all or any part thereof or for any damages whatsoever. As a newswire service, AFP does not obtain releases from subjects, individuals, groups or entities contained in its photographs, videos, graphics or quoted in its texts. Further, no clearance is obtained from the owners of any trademarks or copyrighted materials whose marks and materials are included in AFP material. Therefore you will be solely responsible for obtaining any and all necessary releases from whatever individuals and/or entities necessary for any uses of AFP material.