105
submitted 2 months ago* (last edited 2 months ago) by plinky@hexbear.net to c/the_dunk_tank@hexbear.net
you are viewing a single comment's thread
view the rest of the comments
[-] ksynwa@lemmygrad.ml 8 points 2 months ago

Have Khan and FTC done anything of note? Not being snide. But big oligopolies remain big. Maybe they stopped them from concentrating capital even more?

[-] chauncey@hexbear.net 15 points 2 months ago* (last edited 2 months ago)

I can't stand Biden for so many different reasons, but one of the few good things he's done is putting her in to lead the FTC.

A few hits:

  • Launching a study on surveillance pricing (corporations are using your data to sell you something at one price, but your neighbor the same product at another price)
  • Sued to block the merger of Kroger-Albertsons (which would reduce competition and raise grocery prices)
  • Attempted to block the merger of Microsoft with Activision (pretty sure the FTC lawsuit lost, but is under appeal)
  • Investigating Microsoft on anti-trust grounds
  • Banned non-compete clauses from employee contracts

That last one got fucked up by a right wing judge in Texas, but I want to point out that the FTC issued the non-compete ban based on existing rulemaking authority.

Khan is very aware of anti-trust rules that are on the books, but haven't been applied in the neoliberal era. She is the first FTC chair in decades to start applying them.

That is why so many billionaires are publicly calling for her to be fired.

Again, I think Biden is awful, but Khan as FTC chair is a very good thing.

If you want to read more about her record, check out The American Prospect. David Dayen is a journalist that writes about monopolies pretty heavily, he is a huge fan of what Khan is doing.

[-] plinky@hexbear.net 10 points 2 months ago* (last edited 2 months ago)

Stopped some mergers, doing google anti trust rn (which would be pog if it weren't so late), did some stuff around insulin, but i got so confused with campaign rhetoric if its blanket or medicaid/medicare only price drop

this post was submitted on 09 Oct 2024
105 points (100.0% liked)

the_dunk_tank

15917 readers
2 users here now

It's the dunk tank.

This is where you come to post big-brained hot takes by chuds, libs, or even fellow leftists, and tear them to itty-bitty pieces with precision dunkstrikes.

Rule 1: All posts must include links to the subject matter, and no identifying information should be redacted.

Rule 2: If your source is a reactionary website, please use archive.is instead of linking directly.

Rule 3: No sectarianism.

Rule 4: TERF/SWERFs Not Welcome

Rule 5: No ableism of any kind (that includes stuff like libt*rd)

Rule 6: Do not post fellow hexbears.

Rule 7: Do not individually target other instances' admins or moderators.

Rule 8: The subject of a post cannot be low hanging fruit, that is comments/posts made by a private person that have low amount of upvotes/likes/views. Comments/Posts made on other instances that are accessible from hexbear are an exception to this. Posts that do not meet this requirement can be posted to !shitreactionariessay@lemmygrad.ml

Rule 9: if you post ironic rage bait im going to make a personal visit to your house to make sure you never make this mistake again

founded 4 years ago
MODERATORS