Khan’s Case against Amazon & Union Politics 9/27/23

Lina Khan, FTC Chair, is frequently seen as the face and the voice of the Biden administration’s antagonism against the “bigness” of big tech. The Federal Trade Commision and 17 states have filed a landmark lawsuit against Amazon for monopolistic practices; the chair of the commission defends the agency’s decision to pursue the company. President Biden became the first sitting President to walk a picket line, when he traveled to Michigan to throw his support behind striking autoworkers. Detroit’s legacy car companies could be pressured by the UAW strike right into bankruptcy, warns Tesla CEO Elon Musk. Walter Isaascson, Musk’s biographer, weighs in on the view of one of the world’s richest men toward unions and how work is changing. Plus, Target announces store closures due to a rise in retail theft and the WGA strike ends, sending writers back to work. Lina Khan 12:41 Walter Isaacson - 24:24 In this episode: Lina Khan, @linakhanFTC Walter Isaacson, @walterisaacson Andrew Ross Sorkin, @andrewrsorkin Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Katie Kramer, @Kramer_Katie

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Squawk Pod is a daily, guided curation of the top moments and takeaways from CNBC’s flagship morning show, “Squawk Box”, anchored by Joe Kernen, Becky Quick and Andrew Ross Sorkin. Each day, the podcast includes news making interviews, perspective and analysis from iconic guest hosts, and slices of debate and discussion—from the heated to the hilarious— all wrapped with exclusive context and color from Senior Producer Katie Kramer.