Lina Khan warns to ‘catastrophic consequences’ if Trump takes his hands to a private capital

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Lina Khan warned of “catastrophic consequences” for America if Donald Trump antimonopol officials fail to carefully examine private capital groups buying parts of the US economy.

Recently, he resigned the president of the US Federal Commission for Trade for the Financial Times that a private joint stock group is a threat to the country’s health system.

Considering “the roles of our health care markets, it is extremely important that we stay on alert here,” he said Kan.

“If those who enforce the law want to decide that they want to look away, they will have it, I’m afraid, catastrophic consequences for Americans.”

Wall ST welcomed the departure of an aggressive confidence breaker, a member of a new generation of progressive officials appointed by Joe Biden and who have dealt with behavior against market competition throughout the US economy from BIG Tech to Private Equity. After departing from the post of FTC president on Monday, Khan warned that we did not return to what she saw as a loose implementation of antimonopol policy that had allowed the uncontrolled growth of the company for decades.

Khan warned that “there is currently in our democracy there is an open question” whether “monopolists in extremely powerful companies will be able to corrupt the political process and interfere with the legitimate implementation of the law.”

Her comments reflect an alarm that announced biden during his a farewell addressin which he warned that the “oligarchy is formed in America” ​​that risks the disruption of democracy. Biden condemned the “technological industrial complex” of emerging for holding “dangerous concentration” of wealth and power in the country.

His speech was generally considered to be an attack on business magnates, which clung to US President Donald Trump, including the head of Tesla Elona Musk and other executive directors of major technologies.

Technical directors, including the male, Amazon’s executive and founder Jeff Besos and Meta Mark Zuckerberg’s executive, were sitting in prominent places in front of the candidate for presidential cabinet on Trump’s inauguration this week.

Amazon and Meta, whose FTC trials will start in October 2026 and April, have donated each $ 1 million in the Trump inauguration fund each with other technological groups.

Big Tech was a key pillar of Khan’s agenda. She has launched an investigation into Microsoft’s cloud business, as well as an investigation into a partnership between cloud services and generative AI companies.

In the private capital, the key focus were roll-ups in the health care sector. She claimed that these roll-ups-where companies buy and connect several companies in the same sector-and “removal and rollover” models-where the assets of the sale groups-often leave those companies in charge and weakened.

“I heard a torrent of concerns from healthcare professionals, an ambulance doctor. . . About roll-ups of private capital that resulted in poor quality of care, higher prices, ”said Khan.

“These are just market realities that don’t disappear,” she added.

Just a few days before Khan’s resignation, FTC reached a settlement with Welsh, Carson, Anderson and Stowe which limits the involvement of the redemption group in the company it created and bought more than a dozen anesthesiological office in Texas. FTC claimed that the arrangements were aimed at raising prices and choking competition.

Welsh Carson said he had reached an agreement – which does not involve the recognition of misdeeds or fines – after FTC “threatened to launch a litigation” in his internal court demands rejected by the federal judge last year.

Khan also ordered Jab Holdings yes deprives of veterinary clinics As a condition for two proposed acquisitions that the agency said could create monopoly. Jab said that the outcome of the interview with the regulator “was in line with what we expected.”

But not all cases of FTC end and a new administration has the power to pull or alleviate the challenges launched by Khan.

The former president claimed that the companies facing FTC trials tried to get a better offer than Trump’s administration.

“This kind of nudity is something we all see on a clear screen,” Khan said.