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FTC Chair Concerned About Dominant Tech Firms
The concentration of dominant technology firms could harm U.S. national interests and global leadership, Federal Trade Commission Chair Lina Khan said in March at a Carnegie Endowment for International Peace event.
"Like many across government, the FTC is watching closely as the release of sophisticated AI tools creates both opportunities and risks," Khan said.
"But beyond these immediate challenges we face right now a more fundamental question of power and governance," she added. "Will this be a moment of opening up markets to free and fair competition, unleashing the full potential of emerging technologies? Or will a handful of dominant firms instead concentrate control over key tools locking us into a feature of their choosing? The stakes of how we answer this question are enormously high."
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