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WSJ What’s News

Biden Antitrust Officials Plan Final Salvo at Big Tech

WSJ What’s News

The Wall Street Journal

Daily News, News

4.14.2K Ratings

🗓️ 19 November 2024

⏱️ 14 minutes

🧾️ Download transcript

Summary

A.M. Edition for Nov. 19. WSJ’s Sam Schechner says that a number of big tech firms are in the crosshairs of U.S. regulators in a last effort to rein in the industry before Inauguration Day. Plus, a House Ethics Committee panel prepares to meet to discuss next steps for its investigation into former Rep. Matt Gaetz, Trump’s nominee for attorney general. And the WSJ’s Vipal Monga and Santiago Pérez discuss how Canada and Mexico are preparing for a more protectionist America under a second Trump presidency. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:33.8

Top Biden officials ready a final antitrust salvo targeting big tech.

0:39.4

Plus, a court in Hong Kong hands down strict sentences in a case that crushed the city's pro-democracy camp.

0:47.0

And we'll speak with journal reporters in Canada and Mexico about the likely changes coming to those countries' trade relations with the U.S.

0:55.0

What the Trump administration wants to do is ensure that Canada and Mexico are not used as a

1:01.2

backdoor to get tariffed goods, particularly from China, into the U.S.

1:05.5

It's Tuesday, November 19th. I'm Luke Vargas for the Wall Street Journal, and here is the

1:10.5

AM edition of What's News,

1:12.9

the top headlines and business stories moving your world today.

1:19.8

With the clock ticking down before inauguration day, U.S. antitrust officials are preparing

1:25.2

a final blitz against the tech industry, involving more

1:28.7

merger scrutiny alongside a potential investigation into Microsoft. We report the Justice Department's

1:35.5

next move in the antitrust case. It won, challenging Google's efforts to maintain a monopoly in

1:41.0

search, is also due tomorrow. Journal Tech reporter Sam Shackner joins me now with more.

1:47.8

Sam, what are we seeing here?

1:49.8

What we're seeing is that in the closing days of the Biden administration, they're pushing

1:54.8

forward on what's been a pretty aggressive tech antitrust agenda.

1:59.5

You mentioned the case against Google that the DOJ

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