FTC Chair Lina Khan defends her track record when it comes to blocking mergers and doesn’t subscribe to Amazon Prime

Published

2 years ago

November 29, 2023

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Federal Trade Commission Chair Lina Khan speaks during The New York Times annual DealBook Summit in New York City on Nov. 29, 2023.

Michael M. Santiago | Getty Images

Federal Trade Commission Chair Lina Khan defended her track record in court when it comes to blocking mergers, saying she believes the agency should take big swings and she’s “quite pleased” with the work it has done so far under her tenure, which started in June 2021.

Speaking at The New York Times DealBook Summit on Wednesday, Khan said that whenever the FTC brings a case, “you want to win it,” but that whenever there’s a loss, the agency will “try to figure out what went wrong.”

The FTC has had some high-profile losses during Khan’s tenure, including a failed attempt to block Facebook parent Meta from buying virtual reality company Within Unlimited. It also lost a fight to stop Microsoft‘s $69 billion acquisition of gaming giant Activision Blizzard, though the agency is still appealing the court ruling.

Under her leadership, Khan said the FTC has brought 11 cases against mergers, and in five instances, the companies abandoned their plans after the agency filed suit. There were 14 deals that were dropped during the FTC’s investigation, she added.

“Big picture, of course the two cases that we lost we would’ve wanted to win, but we’re quite pleased overall with our efforts,” Khan said on stage.

Khan is in the middle of what could be a career-defining antitrust case. In September, the FTC and 17 states sued Amazon, accusing the retail giant of wielding its “monopoly power” to artificially rise prices, degrade quality for shoppers and stifle competition. The lawsuit was long anticipated, as Khan rose to prominence for her 2017 Yale Law Journal article, “Amazon’s Antitrust Paradox.”

Khan argued in the piece that the prevailing antitrust framework at the time, which focused primarily on monopolies’ harm to consumers, failed to capture the ways tech giants such as Amazon are able to dominate in the digital world even while offering lower prices and more selection to consumers.

The agency has also taken aim at Amazon’s Prime service, alleging it tricked users into signing up for the program and intentionally complicated the cancellation process. Amazon has disputed both of the FTC’s lawsuits, calling them “wrong on the facts and the law.”

In the interview Wednesday, Khan said she doesn’t subscribe to Prime, which costs $139 a year and includes perks such as free shipping, access to streaming content and discounts on Whole Foods groceries.

Asked why she hasn’t subscribed to Prime, Khan replied, “I just haven’t.”

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Technology

Figure AI sued by whistleblower who warned that startup’s robots could ‘fracture a human skull’

Published

13 hours ago

November 21, 2025

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$Figure AI sued by whistleblower who warned that startup's robots could 'fracture a human skull'$

Startup Figure AI is developing general-purpose humanoid robots.

Figure AI

Figure AI, an Nvidia-backed developer of humanoid robots, was sued by the startup’s former head of product safety who alleged that he was wrongfully terminated after warning top executives that the company’s robots “were powerful enough to fracture a human skull.”

Robert Gruendel, a principal robotic safety engineer, is the plaintiff in the suit filed Friday in a federal court in the Northern District of California. Gruendel’s attorneys describe their client as a whistleblower who was fired in September, days after lodging his “most direct and documented safety complaints.”

The suit lands two months after Figure was valued at $39 billion in a funding round led by Parkway Venture Capital. That’s a 15-fold increase in valuation from early 2024, when the company raised a round from investors including Jeff Bezos, Nvidia, and Microsoft.

In the complaint, Gruendel’s lawyers say the plaintiff warned Figure CEO Brett Adcock and Kyle Edelberg, chief engineer, about the robot’s lethal capabilities, and said one “had already carved a ¼-inch gash into a steel refrigerator door during a malfunction.”

The complaint also says Gruendel warned company leaders not to “downgrade” a “safety road map” that he had been asked to present to two prospective investors who ended up funding the company.

Gruendel worried that a “product safety plan which contributed to their decision to invest” had been “gutted” the same month Figure closed the investment round, a move that “could be interpreted as fraudulent,” the suit says.

The plaintiff’s concerns were “treated as obstacles, not obligations,” and the company cited a “vague ‘change in business direction’ as the pretext” for his termination, according to the suit.

Gruendel is seeking economic, compensatory and punitive damages and demanding a jury trial.

Figure didn’t immediately respond to a request for comment. Nor did attorneys for Gruendel.

The humanoid robot market remains nascent today, with companies like Tesla and Boston Dynamics pursuing futuristic offerings, alongside Figure, while China’s Unitree Robotics is preparing for an IPO. Morgan Stanley said in a report in May that adoption is “likely to accelerate in the 2030s” and could top $5 trillion by 2050.

Read the filing here: