"There's a bipartisan view in Washington, D.C., that the technology industry should be carved up like a Thanksgiving turkey, that it’s too powerful and makes too much profit,” Foley & Lardner partner Louis Lehot warned.
November 08, 2021 at 02:45 PM
6 minute read
The original version of this story was published on Corporate Counsel
With Big Tech under more and more scrutiny on Capitol Hill, and Federal Trade Commission Chairwoman Lina Khan signaling an era of tough antitrust enforcement, legal experts are warning in-house lawyers to build strategies now to navigate business-skeptical regulators.
“There’s a bipartisan view in Washington, D.C., that the technology industry should be carved up like a Thanksgiving turkey, that it’s too powerful and makes too much profit,” Foley & Lardner partner Louis Lehot warned.
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Lina Khan at her Senate confirmation hearing in April. Photo: Graeme Jennings/Washington Examiner/Bloomberg
