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Meta looking for ‘sweetheart deal’ with Trump: FTC chair

  • Federal Trade Commission Chair Lina Khan expressed concern about potential lenient deals for Amazon and Meta under the incoming Trump administration, stating she hopes they won't receive a 'sweetheart deal.'
  • Khan noted that both Amazon and Meta are facing ongoing antitrust lawsuits from the FTC, with trials scheduled for spring 2025 and fall 2026, respectively.
  • Khan highlighted that Amazon Chairman Jeff Bezos and Meta CEO Mark Zuckerberg have made efforts to gain favor with President-elect Donald Trump, including significant donations to his inauguration fund.
  • Despite her hopes, Khan acknowledged that she cannot predict the actions of future FTC leadership regarding potential settlements with these companies.
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