FTC trustbuster Lina Khan

FTC trustbuster Lina Khan

 

Lesley Stahl reports:

Everywhere you go people are complaining about inflation: voters say it’s their number one issue.

Enter trustbuster Lina Khan – the youngest chair ever of the Federal Trade Commission – just 32 when she was named. She says much of the blame for the exorbitant prices on everything from food to concert tickets, is widespread corporate consolidation.

The FTC’s mission is breaking illegal monopolies, blocking mergers that stifle competition, and protecting consumers from a system Lina Khan says is rigged against them. But she’s so aggressive that she’s feared and loathed in boardrooms – seen as a zealot and a bully, and yet —

At town hall meetings around the country, Lina Khan is often swarmed by young people taking selfies, small business owners giving her cards, union members – to whom she preaches the perils of business monopolies. [Continue reading…]

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