FTC's Lina Khan isn't letting up on Big Tech even with her future in doubt
Published On Dec 10, 2024, 4:00 AM
Lina Khan, chair of the FTC, continues her aggressive antitrust investigations against major tech companies, particularly Microsoft, even as doubts about her future grow. The FTC's scrutiny reflects a broader trend among U.S. regulators targeting Big Tech, which could continue into the next administration led by President-elect Trump. With the political landscape shifting, the future of antitrust enforcement could depend on who replaces Khan, as there are indications that her successor may take a less aggressive stance.
Stock Forecasts
MSFT
Negative
The ongoing investigations into Microsoft suggest that regulatory pressures on major tech stocks may remain strong. Those investing in Microsoft should be cautious as further scrutiny could impact stock performance.
GOOG
Negative
Given the scrutiny faced by Google and other tech giants, investors may want to brace for volatility in shares of companies heavily involved in digital advertising and cloud solutions, which includes Google
META
Negative
With Trump's impending return and his commitment to continue pursuing antitrust actions, stocks like Meta may see negative reactions as investigations loom and regulatory pressures mount.
AAPL
Negative
Investing in Apple remains risky due to potential future investigations as the new administration may continue previous administrations' scrutiny of large tech firms.
Related News
TikTok asks for emergency pause to looming US ban
Dec 9, 2024, 10:25 AM
The app says the Supreme Court - and incoming Trump administration - needs more time to consider the case.
Bluesky promises to shake up social media. It might finally succeed.
Dec 8, 2024, 9:00 AM
The timing may finally be right for open platforms like Bluesky as social media moves toward a more fragmented future.
Apple Faces Lawsuit Over Child Sexual Abuse Material on iCloud
Dec 8, 2024, 10:53 AM
Victims of abuse are seeking more than $1.2 billion in damages, arguing that the company abandoned a 2021 system it developed to find abusive material.