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The Brian Lehrer Show

Antitrust in the Spotlight

The Brian Lehrer Show

WNYC

Bryan, Daily News, Media, New, Nyc, Public, York, News, Lerer, Politics, Wnyc, Npr, Arts, News Commentary, Radio

4.61.5K Ratings

🗓️ 12 December 2024

⏱️ 45 minutes

🧾️ Download transcript

Summary

Leah Nylen of Bloomberg News breaks down a failed merger of two major supermarket chains, and what the future of antitrust enforcement might look like as Trump considers his pick to replace FTC chair Lina Khan.

Transcript

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0:00.0

It's the Brian Larry Show on WNYC.

0:14.0

Good morning, everyone.

0:15.4

So we're doing some segments on Trump nominees who are not necessarily the top names and the headlines, but who could have a big

0:23.1

impact on Americans' lives anyway. We talked about his pick for Agriculture Secretary last week

0:28.2

in the context of our climate story of the week. We have one coming up on his Labor Secretary,

0:34.3

a surprisingly pro-Labor member of Congress? Will she really implement workers' rights

0:40.2

versus employers' privilege policies, unlike most Republicans? Or is that appointment just performative?

0:47.2

We'll have that conversation probably next week. Today, Trump's two picks, actually three picks,

0:54.0

for monitoring antitrust and generally regulating

0:58.3

domestic trade. And if that sounds dry and irrelevant to your life, here are two reasons why

1:03.9

this area really does hit home. One, a court ruled this week, did you hear this, against the

1:10.4

merger of two giant supermarket chains,

1:13.6

Albertsons and Kroger's, technically an acquisition of Albertsons by Kroger's.

1:18.9

If the election turned to a big degree on the price of eggs, right?

1:23.6

As many people say, lack of competition at your local grocery store means they can charge

1:29.4

higher prices on your eggs, your fruit loops, your whatever.

1:32.7

We'll talk about the supermarket merger issue as part of this segment.

1:37.1

And number two, here's a great clip from the outgoing chair of the Federal Trade Commission.

1:43.7

President Biden's FDC chair, Lena Kahn,

1:47.2

considered a hero to many in progressive economic circles. She explained on Hassan Pikers podcast,

1:54.9

Asan Daily, that her job is about something as basic to Americans as freedom.

2:01.9

The way people experience freedom in their day-to-day lives

...

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