Pivot Monopoly Isn't A Game (with Lina Khan) - Stay Tuned with Preet
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May 27, 2025 
Lina Khan, the youngest-ever chair of the Federal Trade Commission, joins Preet to discuss the pressing issue of monopoly power. She reveals the surprising bipartisan support for antitrust enforcement and shares her journey from a law student publishing a landmark paper on Amazon to leading the FTC. The conversation underscores the significant impact monopolies have on competition, innovation, and consumers. Khan also highlights the complexities of antitrust laws in the digital age and the challenges small businesses face against corporate dominance.
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Blocking Anti-Competitive Pharma Mergers
- The FTC blocked Sanofi's attempt to buy Maize, a challenger with a better Pompe disease treatment.
- This preserved innovation that could provide oral medication rather than IV, benefiting patients.
Monopoly Persistence Against Market Forces
- The Chicago school argues monopolies self-correct from competition over time, but evidence contradicts this.
- Monopolists often block entry, delaying challengers and harming consumers until enforced competition intervenes.
Legally Sanctioned Monopolies
- Some monopolies are legally sanctioned via government licenses, such as utilities or pharmaceutical patents.
- These come with obligations since competition won't regulate them effectively.