WASHINGTON, Jan 20 (Reuters) - Lina Khan, who until
Monday was an aggressive enforcer of antitrust law as the head
of the U.S. Federal Trade Commission under former President Joe
Biden, will resign from the commission in the coming weeks, she
told staff in a memo.
Khan challenged numerous mergers during her tenure, while
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.
Some of Khan's agenda proved divisive.
A court struck down a broad ban on worker noncompete
agreements aimed at allowing employees to launch competing
businesses and spurring employers to compete harder for labor.
A rule that would require subscription services to offer
simple cancellation methods also faces court challenges.
Ferguson and Melissa Holyoak, the other Republican on the
commission, had voted against those rules as well as a recent
case against an alcohol distributor that revived a long-dormant
price discrimination law.
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.