A reckoning for Lina Khan
A federal judge’s decision to let Microsoft close its $70 billion takeover of the video game maker Activision Blizzard didn’t just represent a win for the tech giant. It’s also a major blow to the F.T.C., which had sought to block the transaction.
That leaves Lina Khan, the agency’s chief and a proponent of more expansive antitrust regulation, confronting a difficult question: Is her strategy of aggressively…