this post was submitted on 27 Jul 2023
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Lina Khan's stewardship of the FTC has been one of high-profile failures, clumsily targeting big companies over things that are, in fact, legal. It's like she thinks she's a senator trying to win political points with cheap, lazy shots rather than being the head of a wonky enforcement agency. Fresh after failing to block Microsoft's purchase of Activision, she's now targeting Prime, a service that consumers overwhelmingly actually like. I have no doubt that Amazon likely has violated antitrust law in some ways, but I have no faith in Khan's FTC to actually target the legitimate violations with boring, relatively minor solutions. They'll overshoot and bungle the whole thing, yet again.
The problem is that while consumers may like Prime it uses its market dominance to control retailers and producers. That's exactly what anti-trust was designed to do since Carnegie.