The New Yorker has a profile of Lina Khan, the new chair of the Federal Trade Commission (FTC), charged with implementing a more aggressive approach to antitrust enforcement that could have enormous impact on companies such as Amazon.
"After years spent publishing research about how a more just world could be achieved through a sweeping reimagining of anti-monopoly laws, Khan now has a much more difficult task: testing her theories - in an arena of lobbyists, partisan division, and the federal court system - as one of the most powerful regulators of American business
"'There’s no doubt that the latitude one has as a scholar, critiquing certain approaches, is very different from being in the position of actually executing,' Khan told me. But she added that she intends to steer the agency to choose consequential cases, with less emphasis on the outcomes, and to generally be more proactive. 'Even in cases where you’re not going to have a slam-dunk theory or a slam-dunk case, or there’s risk involved, what do you do?' she said. 'Do you turn away? Or do you think that these are moments when we need to stand strong and move forward? I think for those types of questions we’re certainly at a moment where we take the latter path.
"'There’s a growing recognition that the way our economy has been structured has not always been to serve people,' Khan went on. 'Frankly, I think this is a generational issue as well.' She noted that coming of age during the financial crisis had helped people understand that the way the economy functions is not just the result of metaphysical forces. 'It’s very concrete policy and legal choices that are made, that determine these outcomes,' she said. 'This is a really historic moment, and we’re trying to do everything we can to meet it'."
You can read the entire story here.