625. The Biden Policy That Trump Hasn’t Touched

Lina Khan, the youngest F.T.C. chair in history, reset U.S. antitrust policy by thwarting mega-mergers and other monopolistic behavior. This earned her enemies in some places, and big fans in others — including the Trump administration. Stephen Dubner speaks with Khan about her tactics, her track record, and her future.

• SOURCES:
  • Lina Khan, former commissioner of the Federal Trade Commission and professor of law at Columbia Law School.

• RESOURCES:
  • "Merger Guidelines" (U.S. Department of Justice and the Federal Trade Commission, 2023).
  • "The Rise of Market Power and the Macroeconomic Implications," by Jan De Loecker, Jan Eeckhout, and Gabriel Unger (National Bureau of Economic Research, 2019).
  • "US Antitrust Law and Policy in Historical Perspective," by Laura Phillips Sawyer (Harvard Business School, 2019).
  • The Curse of Bigness: Antitrust in the New Gilded Age, by Tim Wu (2018).
  • "Amazon’s Antitrust Paradox," by Lina Khan (Yale Law Journal, 2017).
  • "A Tempest In a Coffee Shop," by Tanya Mohn (New York Times, 2004).

• EXTRAS:
  • "The Economics of Eyeglasses," by Freakonomics Radio (2024).
  • "Should You Trust Private Equity to Take Care of Your Dog?" by Freakonomics Radio (2023).
  • "Are Private Equity Firms Plundering the U.S. Economy?" by Freakonomics Radio (2023).
  • "Is the U.S. Really Less Corrupt Than China — and How About Russia? (Update)" by Freakonomics Radio (2022).