The Week in Business: Here Come the Trustbusters

Good morning and happy Juneteenth weekend. Here’s what you need to know in business and tech news for the week ahead. — Charlotte Cowles

What’s Up? (June 13-19)

Not Messing Around

Let the trustbusting begin! Lina Khan, who has long criticized the market dominance of Amazon, Facebook, Google and other Silicon Valley behemoths, is now in charge of regulating them after she became the youngest-ever chair of the Federal Trade Commission on Tuesday. The next day, the Justice Department filed its first antitrust lawsuit since President Biden took office. The action aims to block the merger of two of the country’s largest insurance brokers, Aon and Willis Towers Watson, and argues that their combination would “eliminate substantial head-to-head competition and likely lead to higher prices and less innovation.”

‘Off Limits’

At the conclusion of his first summit with President Vladimir V. Putin of Russia, President Biden declared, “I did what I…

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