In a move that is likely to send shockwaves through the tech industry, Lina Khan, a fierce advocate for stricter antitrust regulations, has been appointed chair of the New York City Economic Development Corporation. Khan, who previously made headlines as a top official at the Federal Trade Commission (FTC), has been a vocal critic of Big Tech companies, accusing them of engaging in anti-competitive practices that stifle innovation and harm consumers. As chair of the NYCEDC, Khan will oversee economic development initiatives in one of the world's largest and most influential cities, giving her a powerful platform to shape policy and enforcement actions that could have far-reaching implications for the tech sector. Her appointment is expected to raise questions about the potential for increased scrutiny and regulation of major corporations operating in New York City.
Lina Khan, an antitrust crusader who targeted Big Tech companies during her run as head of the Federal Trade Commissioner, has been named chair of the New York City Economic Development Corporation.
