The Khan and Wu appointments come as the Internet platforms are facing a reckoning in Washington that could transform the industry. AFP
US President Joe Biden’s plan to put two progressive antitrust scholars in top positions signals an aggressive approach to combating corporate consolidation and monopoly power, especially that wielded by technology giants such as Alphabet Inc’s Google and Facebook Inc.
Biden’s team is vetting Lina Khan, a Columbia Law School professor who specialises in antitrust law, to serve as a member of the Federal Trade Commission, according to people familiar with the matter. Last week, he named another Columbia law professor, Timothy Wu, to join the National Economic Council as a special assistant on technology and competition policy.
American Air boosts debt sale to US$10 billion amid strong demand
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American Air sees US$45B of demand on US$10B debt sale
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