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Lina Khan warns of ‘catastrophic consequences’ if Trump gives free hand to private equity

Joe Biden’s antitrust boss also raises prospect of powerful monopolies corrupting US politics

Lina Khan has warned of “catastrophic consequences” for America if Donald Trump’s antitrust officials fail to scrutinise private equity groups that are buying up chunks of the US economy.  

The recently resigned chair of the US Federal Trade Commission told the Financial Times that private equity groups posed a threat to the country’s healthcare system.

Given “the stakes of our healthcare markets, it’s extraordinarily important that we are staying vigilant here”, said Khan.

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