{"id":116540,"date":"2021-06-16T01:08:06","date_gmt":"2021-06-16T01:08:06","guid":{"rendered":"https:\/\/fin2me.com\/?p=116540"},"modified":"2021-06-16T01:08:06","modified_gmt":"2021-06-16T01:08:06","slug":"see-how-investing-in-broadband-impacted-these-two-communities","status":"publish","type":"post","link":"https:\/\/fin2me.com\/business\/see-how-investing-in-broadband-impacted-these-two-communities\/","title":{"rendered":"See how investing in broadband impacted these two communities"},"content":{"rendered":"<p><cite> (CNN Business)<\/cite>Big Tech critic Lina Khan will chair the Federal Trade Commission, the powerful antitrust agency that&#8217;s targeted companies such as <span>Facebook<\/span> <span>(<span>FB<\/span>)<\/span> with fines and lawsuits, according to a White House spokesperson. <\/p>\n<p>Khan had been confirmed as a commissioner to the FTC earlier on Tuesday, in a 69-28 Senate vote. But her future as agency chair was let slip by Sen. Amy Klobuchar, seemingly ahead of schedule, during a Senate antitrust subcommittee hearing Tuesday afternoon dealing with <span>Amazon<\/span> <span>(<span>AMZN<\/span>)<\/span> and Google&#8217;s dominance in smart home technology.<br \/>\nKlobuchar quickly acknowledged that Biden&#8217;s decision to name Khan as FTC chair had not yet been officially announced. <\/p>\n<ul><\/ul>\n<p>A White House spokesperson then confirmed to CNN that Khan would serve as the agency chair.<\/p>\n<ul><\/ul>\n<p>The FTC declined to comment. <\/p>\n<p>Khan made waves in 2017 as she published a paper in the Yale Law Journal highlighting antitrust issues with Amazon. The paper inspired a push by some advocates and policymakers to increase US antitrust enforcement, particularly against tech companies. <\/p>\n<ul><\/ul>\n<p>Last year, Khan helped lead a House Judiciary antitrust probe of the tech industry, an investigation that produced a massive report accusing Amazon, <span>Apple<\/span> <span>(<span>AAPL<\/span>)<\/span>, Facebook and Google of abusing their dominance in a range of markets. House lawmakers have since proposed five bills based on the report&#8217;s recommendations that seek to rein in Big Tech and, in some cases, require them to break up their businesses.<br \/>\nElevating Khan to FTC chair signals the Biden administration&#8217;s support for an aggressive antitrust agenda, particularly on tech.<br \/>\nSource: <a href=\"https:\/\/edition.cnn.com\/2021\/06\/15\/business\/lina-khan-ftc-chair\/index.html\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNN Business)Big Tech critic Lina Khan will chair the Federal Trade Commission, the powerful antitrust agency that&#8217;s targeted companies such as Facebook (FB) with fines [&#8230;]<\/p>\n","protected":false},"author":3,"featured_media":116539,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - 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