Big Tech billionaires want FTC Chair Lina Khan fired. We need to have her back.

Hi,

Big Tech billionaire and Microsoft board member Reid Hoffman has donated tens of millions of dollars to Democrats in recent years.1

Now he's called for the firing of Federal Trade Commission Chair Lina Khan, the most effective FTC chair we've had in decades.2

We're not about to let that happen.

Lina Khan has battled corporate monopolies from Big Tech to Big Pharma.3 Billionaires like Reid Hoffman want her fired because she's fighting to protect everyday American families from corporate corruption and price-gouging. We need to have her back!

Demand Progress Action has mobilized tens of thousands of people to support Lina Khan's efforts to check corporate power. Now we need to step up and defend her from these billionaire attacks.

Will you donate $10 to support our work, including defending FTC Chair Lina Khan against attacks from Big Tech billionaires?

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Under Khan, the FTC has fought monopolistic corporate power at every turn. She's cracking down on exploitative anti-worker noncompete agreements, gone after Amazon on wage theft, and sued Google for deceptive advertising.4,5

However, Khan's determination to diminish unbridled corporate power has drawn enemies from Big Tech, Wall Street, congressional Republicans, Fox News, the Wall Street Journal opinion page… you name it.6

Reid Hoffman, a Microsoft board member, has a particular personal stake in getting rid of Lina Khan. Earlier this year, Microsoft agreed to pay $650 million to the Hoffman-founded artificial intelligence company Inflection AI. But Khan's FTC is currently scrutinizing the deal as a potential violation of antitrust law.7

So for Reid Hoffman, giving a few million dollars here or there to politicians isn't much compared to the $650 million windfall if this deal goes through.

Demand Progress Action has long regarded Khan as one of the fiercest and most effective critics of Big Tech. She understands both the threats that monopolies pose and how to use the tools of government to hold them accountable

We need strong champions like Lina Khan in charge of the FTC, and at this moment we need to defend her against Big Tech billionaire attacks. Will you donate $10?

Yes, I'll donate $10 to Demand Progress Action to defend Lina Khan against Big Tech billionaire bullies and fight for other reforms to break up corporate monopolies.

With gratitude,

The team at Demand Progress Action

Sources:
1. Open Secrets, "Donor Lookup: Reid Hoffman," accessed August 1, 2024.
2. The Lever, "Dems' Billionaire Tech Donor Presses Harris To Fire Antitrust Regulator," July 25, 2024.
3. Common Dreams, "Democratic Party's Wall Street Donors Are Reportedly Pushing Biden to Fire Lina Khan," September 11, 2023.
4. The New York Times, "Lina Khan: Noncompetes Depress Wages and Kill Innovation," January 9, 2023.
5. The Intercept, "The Feds Take Big Tech to Court," September 30, 2023.
6. American Economic Liberties Project, "The Wall Street Grumble," July 24, 2024.
7. The Wall Street Journal, "FTC Opens Antitrust Probe of Microsoft AI Deal," June 6, 2024.

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