WASHINGTON, Jan 20 (Reuters) - Lina Khan, who headed the
U.S. Federal Trade Commission under former President Joe Biden
until Monday, will resign from the commission in the coming
weeks, she told staff in a memo.
Khan was an aggressive enforcer of antitrust law,
challenging numerous mergers and working to ensure consumers and
workers were not disadvantaged by powerful corporations.
Under Biden, Khan's FTC sued Amazon ( AMZN ), opened an
investigation into Microsoft ( MSFT ), and won court rulings
that blocked Kroger's ( KR )
$25-billion acquisition
of rival grocery chain Albertsons ( ACI ) and the
$8.5 billion merger
of handbag makers Tapestry and Capri.
The youngest person to lead the U.S. consumer protection and
antitrust agency, Khan gained attention in 2017 when she wrote a
paper arguing that Amazon ( AMZN ) had amassed monopoly power by
undercutting competitor prices and harvesting consumer data.
Republican Commissioner Andrew Ferguson is now the agency's
chair after President Donald Trump took office. A source told
Reuters on Monday that Khan plans to use her remaining time as a
commissioner to complete document retention and records
management as required by law, as well as other administrative
tasks.