bosses

FTC Targets “Mob Bosses” in Big Tech: Lina Khan Leads Efforts

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The U.S. Federal Trade Commission is focusing its efforts on going after Big Tech, according to FTC Chair Lina Khan, who spoke at TechCrunch’s Strictly VC event in Washington, D.C., on Tuesday. Khan said the agency is focused on going after the players that are doing the biggest harm, as opposed to just increasing the number of cases that it brings forward. “One thing that’s been important for me is to make sure that we’re actually looking at where we see the biggest harm,” Khan said. The FTC and the Department of Justice have struck a deal to investigate Microsoft, Open AI and Nvidia over potential antitrust violations, according to The New York Times. The types of cases that the FTC selects can act as a deterrent, she said, noting that the FTC is already seeing that happen.