FTC boss must be doing something right if folks will pay to get her binned
LinkedIn cofounder Reid Hoffman was quick to express support for Kamala Harris' bid for the US presidency this year after incumbent Joe Biden stepped aside, and now the reason has become clear: He's hoping she'll fire FTC boss and Big Tech arch-critic Lina Khan.came almost immediately after Biden endorsed Harris, with other Silicon Valley leaders also expressing support for the presumptive Democratic party nominee.
Khan, a Biden appointee, has been embraced by many as a champion for consumer rights, an opponent of monopolies, and working against tech giants abusing their market power. Silicon Valley has been less enamored of her, and Hoffman has more reason than many to dislike the work she's done - he is a member of the Microsoft board, and Khan has gone after Redmond several times since taking her seat at the federal regulator.
"Product degradation, combined with price increases for existing users, is exactly the sort of consumer harm from the merger the FTC has alleged," the regulator said earlier this week. Whether Hoffman's tit-for-tat request has been heard by the Harris campaign is unclear; we've reached out for comment. The campaign did tell CNN there hasn't been any discussion about replacing Khan as of yet, if Harris were to win. Hoffman has yet to respond to our questions on his comments.raised more than $100 million in election campaign funding in less than a week. There's likely to be a few more pro-tech caveats with that bundle of cash.
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