Tag: antitrust laws
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FTC Chair Lina Khan Discusses Her Tenure: Addressing AI, Big Tech Challenges in Exit Interview
In an insightful exit interview, FTC Chair Lina Khan discusses the significant challenges and actions taken against AI and Big Tech during her tenure. The interview, conducted by the Wall Street Journal, highlights Khan’s perspectives on regulatory strategies, enforcement actions, and the broader implications of rapidly evolving technology sectors on competition and consumer protection. This…
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Analysis: How Spirited Airlines’ Business Model and External Factors Led to a Stock Plunge
Spirit Airlines’ stock plummeted 60% due to a series of challenges, including engine issues, plane delivery delays, and the collapse of two major merger attempts with Frontier Airlines and JetBlue. Despite pioneering a profitable ultra-low-cost business model, the airline faced increased competition from other carriers introducing basic economy seats. The COVID-19 pandemic exacerbated Spirit’s difficulties,…