Government Power Checks Corporate Giants for Fair Markets
From FTC to NYC with Lina Khan
Resources
Resources & Recommendations
Books
- "The Robinson-Patman Act of 1936" - A law mentioned in the discussion about price discrimination and its historical context regarding the expansion of big chain stores.
People Mentioned
- Zoran Mamdani - New York City Mayor-elect, whose transition team Lina Khan is co-chairing; his campaign focused on affordability and addressing the cost of living in New York City.
- Bill Ackman - A New York billionaire mentioned for his opposition to Mamdani's campaign.
- Michael Bloomberg - Former New York City Mayor, mentioned for contributing a significant amount of money to oppose Mamdani's campaign.
- Kathy Hochul (Governor of New York) - Mentioned for signing new bills into law, including one to prevent algorithmic price fixing by landlords and junk fees.
- Mickey Sherrill (Governor-elect) - Mentioned for discussing price caps on utility rates, citing rising electricity bills in New Jersey.
- John Lindsay (Former New York City Mayor) - Referenced as a "people's mayor" from the 60s and early 70s, who faced challenges with basic city functions like trash collection.
- Elon Musk - Mentioned in the context of innovation and the argument that large pay packages are necessary to incentivize electric car development.
- Donald Trump - Referenced regarding his administration's approach to AI companies (granting "amnesty" from regulation) and his past interactions with Jeffrey Epstein.
- Jeffrey Epstein - Mentioned in relation to emails with Donald Trump and the ongoing public interest in his activities.
- Rupert Murdoch - Mentioned in a hypothetical scenario where Donald Trump might sue him.
- Hunter Biden - Mentioned in a hypothetical comparison to Donald Trump's actions.
- Marjorie Taylor Greene - A congresswoman discussed for her "rebrand" and potential presidential ambitions, as well as her past comments on "Jewish space lasers."
- Nancy Mace - A congresswoman mentioned in comparison to Marjorie Taylor Greene's political trajectory.
- Whoopi Goldberg - Mentioned as a host on "The View" during a discussion about Marjorie Taylor Greene.
Organizations & Institutions
- Federal Trade Commission (FTC) - Lina Khan's former role as chair involved enforcing anti-trust and consumer protection laws at the federal level.
- Columbia University - Where Lina Khan was teaching before joining the mayoral transition team.
- Department of Consumer and Worker Protection (DCWP) - A New York City department mentioned as a tool the mayor can use to enforce consumer and worker protection laws.
- Walmart - Referenced as a large chain store that often receives lower wholesale prices than small businesses.
- Costco - Referenced as a large chain store that often receives lower wholesale prices than small businesses.
- Sanofi - A big pharma company mentioned in a merger review regarding a drug for Pompe disease.
- Maze - An upstart company that developed a new oral drug for Pompe disease, which Sanofi attempted to acquire.
- Nvidia - A company mentioned in the context of its chips and Trump's alleged demand for a cut of their exports.
- Intel - A company mentioned in the context of Trump's alleged demand for a percentage of the company.
- The European Union - Mentioned as being "ahead of the game" in regulating algorithms and social media.
- SEC (Securities and Exchange Commission) - Mentioned as a government agency that faces resource disadvantages compared to corporate entities.
- U.S. Steel - Mentioned as a company where the Trump administration allegedly demanded a "golden share" in a deal.
- Warner Brothers - Mentioned as a company that Skydance Media reportedly wants to acquire.
- Skydance Media - Mentioned as a company that recently acquired CBS and Comedy Central, and is reportedly interested in acquiring Warner Brothers.
Laws & Policies
- Robinson-Patman Act of 1936/37 - A federal law that outlawed certain types of price discrimination.
- Glass-Steagall Act - A historical law mentioned in the context of separating banking and commerce, preventing conflicts of interest.
- Affordable Care Act (ACA) - Discussed as a past government intervention in healthcare, with opinions on its effectiveness and unintended consequences.
Other Resources
- Direct File - A government-owned service for filing taxes, mentioned as a successful public option that was later shut down.