FTC chair Lina Khan on playing "Anti-Monopoly"
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22 дні томуFor 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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@bzh7648 20 днів тому
Lina Kahn is one of my heroes.
@appnzllr 20 днів тому
What is good for Amazon is not good for small companies
@wesleyc.4937 20 днів тому
And a good inventory doesn't always translate into good deals either...
@Maliceless100 19 днів тому
Now Amazon has its eyes on the health insurance industry. We'll have the first trillionaire soon.
@holycrapchris 19 днів тому
Thousands of small companies _exist_ because of Amazon.
@imperialmotoring3789 14 днів тому
The forced "covid" lockdowns was great for Amazon and put many small businesses out of business.
@imperialmotoring3789 8 днів тому
@@malus1426 What's good for the union leader isn't good for the union member.
@jeffersonclark6172 20 днів тому
❤ one of my favorite things of this administration has been Ms. Kahn
@lynnturman8157 20 днів тому
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 19 днів тому
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 19 днів тому
@@holycrapchris I think General Mills owns Post & Quaker.
@stoundingresults 18 днів тому
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.
@coreylee1098 20 днів тому
This women is spot on Amazon is a nightmare to sell in the fees have gotten insane
@GavinusMaximusMaster 20 днів тому
Lol she's wrecking your stock portfolio Jim? These companies are wrecking our lives.
@accountisdisabled 7 днів тому
Jim's never right about any stock so it's not Lina wrecking his stock portfolio it's been himself all along.
@Monika-mh2je 20 днів тому
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 19 днів тому
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.
@philjustphil6444 20 днів тому
Lina Khan is the Super Hero of the-middle class and the poor.
@ebybeehoney 20 днів тому
Bigger is definitely NOT better
@margaritoamargo6347 20 днів тому
It is generally always better for profits and greed and never better for everyone else.
@holycrapchris 19 днів тому
....except when it comes to big government? ;-)
@ft._Davis 20 днів тому
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.
@LightofBankai 20 днів тому
She needs to investigate Kaiser and how they monopolize the health care industry by making independent doctors go out of business.
@michaelscot4816 20 днів тому
Go get 'em, Lina!! 💙💙💙
@duncanbleak3819 20 днів тому
With the two major parties, the media, and SCOTUS effectively 'owned' by corporate money... I wish her luck!
@conzure 18 днів тому
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.
@gotrescuedauto3584 20 днів тому
🎉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 20 днів тому
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.
@beanstyled 20 днів тому
No Proctor and Gamble controls us 😂 Monopolies allowed in U.S. and we all know this!
@igorschmidlapp6987 20 днів тому
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).
@kj2183 20 днів тому
Thank you ms Kahn 🌺
@FGH9G 19 днів тому
Give em hell Lina! Bust the trusts!!
@CapitalJ25 20 днів тому
Bravo, Madame Chairwoman!!
@thomaslavin3640 20 днів тому
Smart 🤓. Good woman. Good for America and Good for Consumers.... Less Monopolies Less price gouging...
@rubytuesdayphoenix 19 днів тому
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"
@Jolora1257 5 днів тому
I love her. Protect this woman at all cost
@dhix2388 20 днів тому
She's RIGHT. M.A. can and will create a monopoly if NOT checked.
@davidbarahona5550 20 днів тому
It’s crazy bc I’ve never been interested in Amazon. Makes sense
@michaelt.wardlespider2496 20 днів тому
Love her. Give 'em Hell.
@shinyshinythings 11 днів тому
I’ve not heard of her before but I hope she’s successful! The monopolization of everything is a shame.
@patrarus6097 20 днів тому
Excellent!
@steveconn 20 днів тому
And Margot Robbie making a Monopoly movie (Then Chutes and Ladders! Then....Risk, etc.)
@igorschmidlapp6987 20 днів тому
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...
@jaydibernardo4320 20 днів тому
VP material then , perhaps Presidential.
@nick-cernak 20 днів тому
Looking forward to the time when it’s Meta/Facebook/Instagram/What’sUp turn.
@Maliceless100 19 днів тому
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)._
@1927su 19 днів тому
Wish they’d do something about the price gauging at the grocery store..
@holycrapchris 19 днів тому
Take your business elsewhere. Shop at Aldi.
@missnlahi 10 днів тому
Pharmacy is huge. I hope she can do it. And she's a millennial by the way❤
@MatthewMS. 19 днів тому
She loves Amazon and their services. So do you.
@iwallhausser8870 16 днів тому
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.
@joiisler3012 20 днів тому
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.😢
@hinthegroove9740 20 днів тому
Give this woman a raise!
@DgurlSunshine 20 днів тому
STOP SHOPPING
@Echo__plex 20 днів тому
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 20 днів тому
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 20 днів тому
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.
@commonsense504 20 днів тому
Sure sucks at her job
@er22ick 20 днів тому
Khanservative
@brenthaugen1270 20 днів тому
Good thing she’s voting for Donald Trump in 2024👎🏻
@Mario500NOW 20 днів тому
(question: proof)
@Dividenddream 20 днів тому
If only this administration was as aggressive as the FTC in enforcing the border. Priorities are all wrong.
@pumasheen 20 днів тому
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 20 днів тому
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 20 днів тому
@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 20 днів тому
@@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 18 днів тому
@@linguaphile42 How convenient to ignore the previous three years lol ok!
@user-yo7fx2xn8m 20 днів тому
Wow 😂😂😂😂😂-a Star lawyer and a star architect-where did Lucy go ? I don’t even have a driving license and did all that 👏🏻👏🏻👏🏻🥱🥱🥱
@DickNasty480 20 днів тому
Interesting how the rule of law is followed at the FTC but not at the Department of Homeland Security.
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