4.6 • 2.7K Ratings
🗓️ 2 May 2025
⏱️ 8 minutes
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0:00.0 | I'm John Betts with Jessica Mollusion, |
0:06.0 | director of the Center for Technology and Innovation at the Competitive Enterprise Institute. |
0:11.0 | We're speaking of MAGA antitrust, |
0:13.7 | acknowledged to be a catch-all by Andrew Ferguson, |
0:18.1 | the new chairman of the Federal Trade Commission, |
0:20.6 | MAGA antitrust. |
0:22.6 | Having established Lena Khan as the driver of Neo-Brandesian thinking at the previous FTC, |
0:30.3 | I moved from the Amazon case to one that's ongoing right now as an example, |
0:34.8 | because I'm not being an economist, I can only think in terms of specifics. |
0:38.8 | I need to look at something before I understand at least a little bit of the argument. |
0:43.9 | Under review right now, continuing in the first hundred days and afterward, is a case brought |
0:50.5 | by the FTC, or at least involving the FTC, against the very successful Mark Zuckerberg |
0:56.8 | and his work now called Meta. And as I understand it, this turns on the acquisition of something |
1:04.5 | small that Mr. Zuckerberg saw as competitive. Jessica, is it instructive that MAGA Enterprise continues this case, |
1:14.5 | quite independent of its thinking, or is this a way of talking about MAGA antitrust as a mix of things? |
1:22.7 | It certainly is a mix of things, but I think the meta example is a really helpful one in understanding |
1:27.9 | where the differences turn from our current FTC and from the previous, but also where there's a lot |
1:34.1 | of overlap. The meta case was actually originally brought by the first Trump administration |
1:39.2 | in the last weeks in December. So that was, if you'll recall, after an election that Donald |
1:47.7 | Trump had lost and has been very public still to this day, but certainly then, about what he |
1:55.6 | believed Meda and Facebook's role in that loss of election was. What amount of political influence the case had there? |
2:03.5 | I am not privy to, but it seems likely to say that it was at least some. |
... |
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