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The Role of Billionaire Blockholders in Stifling Competition in Corporate America /
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2024-06-14 11:08:06

The Role of Billionaire Blockholders in Stifling Competition in Corporate America on Nostr: Lina Khan Discusses Exploitative Pricing Schemes and the Need for Consumer Protection ...

Lina Khan Discusses Exploitative Pricing Schemes and the Need for Consumer Protection
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#726a0ff0 ver:0.2

FTC Chair Lina Khan discusses exploitative pricing schemes and the need for consumer protection, highlighting concerns about corporate concentration and the dominance of tech giants like Google and Amazon. The FTC's expanded focus on antitrust issues aligns with the Biden administration's directive to prioritize private equity as a concentration of corporate power. President Biden has also issued an executive order to promote competition and root out illegal pricing. However, questions remain about the legal authority to address aggressive pricing strategies. Meanwhile, a US judge denied an FTC complaint against Amazon for enrolling users in Prime without consent. Former FCC Chair Ajit Pai claims the US internet access economy is more competitive than ever. #ConsumerProtection #Antitrust #TechGiants #PrivateEquity #Competition #IllegalPricing #Amazon #FTC #BidenAdministration #FCC...

#newstr #LinaKhan #ExploitativePricing #ConsumerProtection #Antitrust #CompetitionPolicy

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