Live data from Hacker News

Lina Khan points to Figma IPO as vindication of M&A scrutiny

techcrunch.com

1–10 of 451 posts

Re: Lina Khan points to Figma IPO as vindication of M&A scrutiny

#4
Lina Khan's obsession with "big is bad", especially her preexisting prejudice of Big Tech should have disqualified her from any position well before she took the wheel.

How many times did the FTC fail in court under her watch? More than I can count on two hands.

Meanwhile local and state utility and cable tv monopolies continue to _flourish_ without so much as a peep.

Re: Lina Khan points to Figma IPO as vindication of M&A scrutiny

#6

Lina Khan's obsession with "big is bad", especially her preexisting prejudice of Big Tech should have disqualified her from any position well before she took the wheel. How many times did the FTC fail in court under her watch? More than I can count on two hands. Meanwhile local and state utility and cable tv monopolies continue to _flourish_ without so much as a peep.

You expect a perfect success rate against the highest paid lawyers in the world? At least she was trying to enforce antitrust for once.

Big is bad bro. There’s like 5 companies carrying the entire S&P rn how is that good for anyone outside of those 5 companies?

Re: Lina Khan points to Figma IPO as vindication of M&A scrutiny

#7
post #6

Lina Khan's obsession with "big is bad", especially her preexisting prejudice of Big Tech should have disqualified her from any position well before she took the wheel. How many times did the FTC fail in court under her watch? More than I can count on two hands. Meanwhile local and state utility and cable tv monopolies continue to _flourish_ without so much as a peep.

You expect a perfect success rate against the highest paid lawyers in the world? At least she was trying to enforce antitrust for once. Big is bad bro. There’s like 5 companies carrying the entire S&P rn how is that good for anyone outside of those 5 companies?

> Big is bad bro

Using "big" as a synonym for "consumers are worse off than alternatives" does not do anyone justice.

> At least she was trying to enforce antitrust for once.

Her prejudice against big tech and pretty much ignoring any other industries is not something to be proud of.

Re: Lina Khan points to Figma IPO as vindication of M&A scrutiny

#9

Lina Khan's obsession with "big is bad", especially her preexisting prejudice of Big Tech should have disqualified her from any position well before she took the wheel. How many times did the FTC fail in court under her watch? More than I can count on two hands. Meanwhile local and state utility and cable tv monopolies continue to _flourish_ without so much as a peep.

Her opinion should not be taken seriously on the matter. It's not just the empirically terrible track record she had as a regulator and the baffling cases she brought to bear (imo proof of your point that she had an overgeneralized bias). It's also that she was demonstrably inexperienced at the time she was selected! It was clearly performative political appointment, which the Biden administration was pretty egregious about (and so have both Trump administrations, this is not a political point).

The essay (literally, a homework assignment she did at law school) for which she became famous that criticizes Amazon for being big is so chock full of errors, misconstructions and faulty logic, that it's an indictment of some really poor political habits and instincts that the US is prone to. That due diligence in vetting her as a rigorous and informed thinker on the topic failed is an unequivocal failure.

Re: Lina Khan points to Figma IPO as vindication of M&A scrutiny

#10
post #6

Earlier quoted context omitted.

You expect a perfect success rate against the highest paid lawyers in the world? At least she was trying to enforce antitrust for once. Big is bad bro. There’s like 5 companies carrying the entire S&P rn how is that good for anyone outside of those 5 companies?

> Big is bad bro Using "big" as a synonym for "consumers are worse off than alternatives" does not do anyone justice. > At least she was trying to enforce antitrust for once. Her prejudice against big tech and pretty much ignoring any other industries is not something to be proud of.

Big tech has been ignored for quite some time compared to other industries.
Post reply on HN