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FTC Chair Lina Khan Isn’t Scared of Billionaire Bullies [1]

['Lina Khan', 'Tyler Austin Harper', 'Jared Abbott', 'Fred Deveaux', 'Cori Bush', 'Shawn Fain', 'Jean Yi', 'Katya Schwenk', 'Freddy Brewster', 'Lucy Dean Stockton']

Date: 2024-09

Lina Khan

We have a whole set of work underway that we need to see through. We proposed a rule to ban junk fees that we got sixty thousand comments on. We’re reviewing those, and we’ll look to see how we can finalize that.

We proposed a rule that would require that companies make it as easy to cancel a subscription as it is to sign up for one. We’ve seen all of these companies do these subscription traps where you can sign up with one click — and then to cancel, you have to phone somebody, but nobody ever picks up so you have to send an email. And that really adds up for people, right? Hundreds of dollars a month stuck in subscriptions they want to escape.

We have proposed and we have finalized a rule to ban noncompete clauses that’s now being litigated, and we’re going to see that litigation through because we think it’s critical that American workers have freedom and are not trapped in jobs through these coercive contracts.

So that’s just some of the work on the rulemaking front. We have a whole bunch of cases underway right now against Amazon for illegal monopolization and against this firm for doing an illegal roll-up of anesthesiology practices in Texas.

We’ve shared publicly that we’re scrutinizing pharmacy benefit managers; we worry they may be inflating drug costs for Americans and squeezing independent pharmacies. So that’s all work underway that we’re excited to see through.

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[1] Url: https://jacobin.com/2024/07/lina-khan-ftc-donors-harris

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