Welcome to Hillicon Valley, The Hill's newsletter detailing all you need to know about the tech and cyber news from Capitol Hill to Silicon Valley. If you don't already, be sure to sign up for our newsletter by clicking HERE. Welcome and Happy Wednesday! Follow our cyber reporter, Maggie Miller (@magmill95), and tech team, Chris Mills Rodrigo (@chrisismills) and Rebecca Klar (@rebeccaklar_), for more coverage. Lina Khan will face her first big hurdle as the chair of the Federal Trade Commission after a federal judge gave the agency 30 days to amend their antitrust case against Facebook. The Big Tech critic is already drawing fire from Amazon, which is asking the agency to recuse her from cases against it because of her past writings. In other news, Sen. Elizabeth Warren is calling on the CFTC to involve itself in digital markets by opening an investigation into Google's ad tech. TO BE CONTINUED: A federal judge's dismissal of the Federal Trade Commission's (FTC) antitrust lawsuit against Facebook is posing the first big test for President Biden's new FTC chair, Lina Khan. But the renowned Big Tech critic faces a serious time crunch, with less than 30 days to try to shift the momentum through a revamped lawsuit. The stakes are high for the 32-year-old antitrust scholar who was confirmed by the Senate earlier this month in a 69-28 vote, gaining the support of both conservatives and progressives. Those same lawmakers, along with advocacy groups and small businesses, are hoping she can deliver a win while enforcing the antitrust laws she's been pushing to reform. Read more about the FTC's next steps. SPEAKING OF KHAN: Amazon sent a request to the Federal Trade Commission (FTC) on Wednesday asking its new chair Lina Khan be recused from any antitrust investigations into the company because of her past critiques of the e-commerce giant. Khan first gained attention for a paper she wrote called "Amazon's Antitrust Paradox" while she was a law student at Yale. She has since written several pieces detailing the company's alleged abuses of monopoly power and assisted the House Judiciary subcommittee on antitrust with its investigation into digital marketplaces. The new FTC chair "has on numerous occasions argued that Amazon is guilty of antitrust violations and should be broken up," Amazon said in the petition. "These statements convey to any reasonable observer the clear impression that she has already made up her mind about many material facts relevant to Amazon's antitrust culpability as well as about the ultimate issue of culpability itself." A spokesperson for the FTC declined to comment on the request. Read more. |
No comments:
Post a Comment