FTC chair Lina Khan on playing "Anti-Monopoly"

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For corporate America, Federal Trade Commission chair Lina Khan has emerged as a hard-charging cop on the monopoly beat. As a watchdog and warden of competition in business, the agency tries to protect consumers from the outsized power of corporations. CBS News chief election and campaign correspondent Robert Costa talks with Khan about going after Big Tech, Big Pharma, and the biggest online retailer of them all, Amazon.
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Опубликовано:

29 сен 2024

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Комментарии : 113

@jeffersonclark6172 5 месяцев назад

❤ one of my favorite things of this administration has been Ms. Kahn

@appnzllr 5 месяцев назад

What is good for Amazon is not good for small companies

@wesleyc.4937 5 месяцев назад

And a good inventory doesn't always translate into good deals either...

@Maliceless100 5 месяцев назад

Now Amazon has its eyes on the health insurance industry. We'll have the first trillionaire soon.

@holycrapchris 5 месяцев назад

Thousands of small companies _exist_ because of Amazon.

@imperialmotoring3789 5 месяцев назад

The forced "covid" lockdowns was great for Amazon and put many small businesses out of business.

@imperialmotoring3789 5 месяцев назад

@malus1426 What's good for the union leader isn't good for the union member.

@GavinusMaximusMaster 5 месяцев назад

Lol she's wrecking your stock portfolio Jim? These companies are wrecking our lives.

@accountisdisabled 5 месяцев назад

Jim's never right about any stock so it's not Lina wrecking his stock portfolio it's been himself all along.

@Zkbbkzzz 7 дней назад

Yes nightmare times in these Corporate States of America, where consumers are robbed on the daily.

@philmolineaux7757 Месяц назад

Lina Khan needs better protection...

@brenthaugen1270 5 месяцев назад

Good thing she’s voting for Donald Trump in 2024👎🏻

@Mario500NOW 5 месяцев назад

(question: proof)

@lynnturman8157 5 месяцев назад

She needs to do food supply next. Have you noticed that three companies (Kellogs, Nestles, and General Mills) manufacture about 75% of products in the grocery store? No wonder grocery prices continue going up. These companies have no competition.

@holycrapchris 5 месяцев назад

Those companies produce a lot of _packaged foods_ but hardly the 75% of products in the grocery store. Heck, General Mills and Kellogg's don't even control 75% of the breakfast cereal market, due to competition from Post, Quaker, private label, and others.

@lynnturman8157 5 месяцев назад

@@holycrapchris I think General Mills owns Post & Quaker.

@stoundingresults 5 месяцев назад

Their loads pay junk too they Max you out on weights of 80,000 lb gross vehicle weight rating and you only get 5 Mi per gallon and get paid peanuts the idiots that are willing to hold them because they have to as they are company drivers for the big Monopoly trucking companies.

@noobs4lyfe Месяц назад

She recently did an inquiry on rising grocery prices. So she doesnt seem far off from what you want

@DuckySpinner Месяц назад

Buy more veggies and go to farmers markets! We have some power to bust up monopolies too.

@coreylee1098 5 месяцев назад

This women is spot on Amazon is a nightmare to sell in the fees have gotten insane

@Monika-mh2je 5 месяцев назад

Politicians easily bought, bigger the company more money spend on lawyers and lobbyists. FTC not a bully, they are trying to fight for the voiceless. Thank you, please don't give up.

@holycrapchris 5 месяцев назад

Sony is the market leader in video game consoles, with more than 2x the market share of Microsoft. Yet Sony lobbied the FTC to sue to block Microsoft's Activision merger, and the FTC dutifully complied. Taxpayer money went to support a dominant market player's effort to kneecap their rival.

@LightofBankai 5 месяцев назад

She needs to investigate Kaiser and how they monopolize the health care industry by making independent doctors go out of business.

@ft._Davis 5 месяцев назад

Good piece on someone who's work may seem too boring for modern news doomerism, but is actually making a big positive difference in the public's lives behind the scenes.

@Jolora1257 5 месяцев назад

I love her. Protect this woman at all cost

@heptacon 5 месяцев назад

If this woman ever launched a presidential campaign, I'd support it from day one. For now, I'm glad she's where she is.

@showcaseSampa 7 дней назад

She is a British born Pakhistani. She is as good as it gets in her job. Consider yourself lucky she advocates in America.

@michaelscot4816 5 месяцев назад

Go get 'em, Lina!! 💙💙💙

@philjustphil6444 5 месяцев назад

Lina Khan is the Super Hero of the-middle class and the poor.

@dusermiginte4647 2 месяца назад

Lol what??!

@duncanbleak3819 5 месяцев назад

With the two major parties, the media, and SCOTUS effectively 'owned' by corporate money... I wish her luck!

@FGH9G 5 месяцев назад

Give em hell Lina! Bust the trusts!!

@georgemtchua Месяц назад

US should promote more worker cooperatives instead of corporations

@gotrescuedauto3584 5 месяцев назад

🎉GOOD FOR HER. THANKS FOR HELPING THE SMALL BUSINESS OWNERS. 21YRS FROM THE GROUND UP. I HAVE A PRINTING BUSINESS AND A BOYS PROGRAM.

@linguaphile42 5 месяцев назад

Biden has been great for small companies, with record-setting applications for new businesses. He wasn't my first choice, but I'm amazed by the approach and all he's gotten done.

@bluberry3400 Месяц назад

That’s why we have “too big to fail” companies and we ended up to bail them out 🤨🤨🤨 We need someone like her for little people 😅

@shinyshinythings 5 месяцев назад

I’ve not heard of her before but I hope she’s successful! The monopolization of everything is a shame.

@beanstyled 5 месяцев назад

No Proctor and Gamble controls us 😂 Monopolies allowed in U.S. and we all know this!

@briansounalath Месяц назад

I like her. Smart. Educated. Gives no Fs. The road is long and high for her. She just needs to make sure she doesn't say something stupid because her enemies are cunning and powerful. Don't stray from the path and she'll be fine.

@kk4649k 28 дней назад

Lina Khan is the best thing that happened for FTC and Americans.

@igorschmidlapp6987 5 месяцев назад

Boeing's merger with McDonnell Douglas (and keeping their cost-cutting management) was key to their current situation (John Oliver's show pointed it out very well).

@livelife261 Месяц назад

We want Mrs. Khan to come to New York to hear small independent Pharmacy business owners about their struggle as well.

@Zkbbkzzz 7 дней назад

“Basic indignity to being a consumer.” Yes I resemble that remark thanks to the Corporate States of America!

@fiendz9116 Месяц назад

She should just take on Black Rock lol.

@AllStars2525 5 месяцев назад

Bravo, Madame Chairwoman!!

@blaisetzu Месяц назад

When she finally brings an anti-trust lawsuit to Blackrock, then there will be true progress.

@kj2183 5 месяцев назад

Thank you ms Kahn 🌺

@michaelt.wardlespider2496 5 месяцев назад

Love her. Give 'em Hell.

@mlebaron1 21 день назад

She’s a rock star! More Lina Kahn please!

@rubytuesdayphoenix 5 месяцев назад

3:22-3:32 has some weird narration moments. The emphasis on certain words make it sound pretty AI-generated. "STAR law school student" "Thirty FIVE... year old" and at the end "is a BOARD game"

@dhix2388 5 месяцев назад

She's RIGHT. M.A. can and will create a monopoly if NOT checked.

@davidbarahona5550 5 месяцев назад

It’s crazy bc I’ve never been interested in Amazon. Makes sense

@christopheklinger3217 Месяц назад

Lina Kahn, great person.

@tywitt3351 28 дней назад

Need more like her in the US

@thomaslavin3640 5 месяцев назад

Smart 🤓. Good woman. Good for America and Good for Consumers.... Less Monopolies Less price gouging...

@KTPurdy Месяц назад

Lina Khan is a treasure

@jonny5676 2 дня назад

I know Trump will definitely get rid of her, but watch the shock when Harris gets rid of her.

@steveconn 5 месяцев назад

And Margot Robbie making a Monopoly movie (Then Chutes and Ladders! Then....Risk, etc.)

@X9523-z3v 4 дня назад

If it wasn't for her interviewing at every propaganda factory such as this one, I may actually believe the message

@showcaseSampa 7 дней назад

Somehow as a child I would wonder if she might've gottwn inspired by Benazir Butho , Pakistan martyr and former prime minister. Both have Pakhistani heritage. Both are ground breakers.

@Zkbbkzzz 7 дней назад

Apparently women have to shoulder saving this country, so we had better show up and support them.

@상보-z7q 21 день назад

Walker Betty Lopez John Robinson Carol

@wito6998 3 месяца назад

If Twitter had been more fair & balanced (stacked against the right), its monopoly would not have been challenged. Musk’s move was needed.

@nick-cernak 5 месяцев назад

Looking forward to the time when it’s Meta/Facebook/Instagram/What’sUp turn.

@Bookstorewalla Месяц назад

Simply substitute "Ina Khan" for "The Goverment" in Teddy Roosevelt's 1907 speech. "There is a world-wide financial disturbance…. Most of it I believe to be due to matters not peculiar to the United States, and most of the remainder to matters wholly unconnected with any governmental action; but it may well be that the determination of the Government (in which, gentlemen, it will not waver), to punish certain malefactors of great wealth, has been responsible for something of the trouble; at least to the extent of having caused these men to combine to bring about as much financial stress as possible, in order to discredit the policy of the Government and thereby secure a reversal of that policy, so that they may enjoy unmolested the fruits of their own evil-doing.

@IbrahimIshakAkar Месяц назад

Amazon is not a legitimate business because they don't have locations to sell the same products as they ship from their warehouses and customers can't go to amazon warehouses to shop. Location is what makes a business legal according to laws. If they sell a product less than the cost of materials, then they alreay set up a monoply on the natural sources even coming off the ground, for example a wooden table or a chrome clothes hanger, it's a monoply if someone buys the same chrome pieces to build a clothes rack so much more than what they are selling for. If I can't buy plastic to build a hamper with the same price as they do, let's say I want to start a business after purchasing raw materials, it's market price fixing and monoply. For example amazon is selling a hamper for $20 and it cost a new company to buy raw plastic materials for $60, even $1 dollar more than $20 not even to include machinary or the tools to build one, that's monoply.

@FaisalAhommed-j1z 20 дней назад

Davis Edward Moore David Perez Timothy

@maori_brotha Месяц назад

Lina Khan - is she really able to tame the Monopolist Tigers, or just another powerless bureacrat against the unfettered hyper capitalists?

@dclas1 23 дня назад

Big Lina Kahn fan right here! So glad the FTC got their bite back!

@Matt_2535 4 месяца назад

Such performative policy.

@nacarreira777 2 месяца назад

I have always hated the game Monopoly.

@ayoCC Месяц назад

only 15% of people own stocks

@Maliceless100 5 месяцев назад

Suit against Apple glaringly omitted from segment, because *Apple doesn't monopolize* _(many iPhone/iPad comparable products sold)._ DC should focus on protecting us from actual big tech abuses/violations given just a single law written and enacted in 40 years _(which actually protects big tech, not us)._

@iwallhausser8870 5 месяцев назад

Amazon is a life saver for low income households. I do comparison shopping and Amazon almost always wins. Walmart often doesn't even come close. Smaller sellers have the option to go to that platform. So before we wreck Amazon because they may not be fair to smaller sellers, consider low income people who are struggling and absolutely have no responsibility to people who are out to make as much profit on the backs of those people. More affluent households don't care so much about saving pennies, so perhaps advertising by non-Amazon sellers needs to be re-targeted to that demographic.

@igorschmidlapp6987 5 месяцев назад

Let's see... Lina Khan is still here, and Darrell Issa keeps switching districts to stay "alive" in the House, after bailing out of the Senate...

@joiisler3012 5 месяцев назад

I wonder how many expensively educated and trained, hardworking Journalists are being replaced by these AI “narrators” for the stories they bust their butts to put together? Do the Networks really believe the alert viewer cannot tell the difference? Having their work being “watered down” this way must be very demoralizing. js Those of us who appreciate a good story, well-researched and presented, really miss you.😢

@missnlahi 5 месяцев назад

Pharmacy is huge. I hope she can do it. And she's a millennial by the way❤

@hinthegroove9740 5 месяцев назад

Give this woman a raise!

@jaydibernardo4320 5 месяцев назад

VP material then , perhaps Presidential.

@patrarus6097 5 месяцев назад

Excellent!

@1927su 5 месяцев назад

Wish they’d do something about the price gauging at the grocery store..

@holycrapchris 5 месяцев назад

Take your business elsewhere. Shop at Aldi.

@DgurlSunshine 5 месяцев назад

STOP SHOPPING

@matthew.m.stevick 5 месяцев назад

She loves Amazon and their services. So do you.

@commonsense504 5 месяцев назад

Sure sucks at her job

@SuperRockstarVideos 5 месяцев назад

Khanservative

@Echo__plex 5 месяцев назад

Remember when Lina Khan fell on her face in the ABK/Microsoft merger? She essentially was protecting Sony, a Japanese company, not American consumers. The FTC couldn't have been more unprepared during the case. What a complete disaster.

@firestormc3021 5 месяцев назад

It was clear from the start that the FTC would lose. Especially since all other antitrust authorities have approved the acquisition and the antitrust law is not on the side of the FTC.

@linguaphile42 5 месяцев назад

I don't believe that. She may not have won, but it's clear she is passionate about helping America get out from under the control of these monster huge companies.

@Dividenddream 5 месяцев назад

If only this administration was as aggressive as the FTC in enforcing the border. Priorities are all wrong.

@pumasheen 5 месяцев назад

Big corporations want open borders so they can get all that cheap labor. With all the lobbying money they spend, if big corporations were being hurt by the border, it would be locked down yesterday

@linguaphile42 5 месяцев назад

The admin is using the current law, made by legislators, and has its hands tied on budget by the House because Trump wants the border to be a campaign issue. Try to keep up.

@Dividenddream 5 месяцев назад

@linguaphile42 Yeah what happen in 2021, 2022 and 2023. Be honest don't lie. Only this year because it's an election year they want to make a deal

@pumasheen 5 месяцев назад

@@linguaphile42 doesn’t change the fact that the current law isn’t shaped by the legislators. It’s shaped by the donors who own the legislators

@Dividenddream 5 месяцев назад

@@linguaphile42 How convenient to ignore the previous three years lol ok!