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Biden chose Khan to lead the FTC (signalling an anti-trust stance from the administration) in 2021. This was as the inflation surge started to form. While we ca
by icegreentea2 3y ago
Biden chose Khan to lead the FTC (signalling an anti-trust stance from the administration) in 2021. This was as the inflation surge started to form. While we can grant the administration some degree of foresight, I don't think it's reasonable to say at the anti-trust activity originated from the current (post 2021/2022) big tech backlash. Although certainly the backlash if helpful to their current efforts.
My hunch is that it's a realization that the degree of concentration of power and money is really is destabilizing. For the democrats, doubly so, since it's been plain to see since 2016 just how much polarization and anger is fueling Republican strategy and success.