“To stay ahead globally we don't need to protect our monopolies from innovation. We need to protect innovation from monopolies. We need to choose competition over national champions,” Lina Khan said.
March 13, 2024 at 06:26 PM
3 minute read
The concentration of dominant technology firms could harm U.S. national interests and global leadership, Federal Trade Commission Chair Lina Khan said Wednesday at a Carnegie Endowment for International Peace event.
“Like many across government, the FTC is watching closely as the release of sophisticated AI tools creates both opportunities and risks,” Khan said.
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Lina Khan, chair of the Federal Trade Commission (FTC), during a House Judiciary Committee hearing in Washington, DC, US, on Thursday, July 13, 2023. Photo: Al Drago/Bloomberg
