Google’s ruling and Biden’s antitrust legacy
Make Me Smart
Marketplace
4.6 • 5.5K Ratings
🗓️ 8 August 2024
⏱️ 22 minutes
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Summary
A federal judge on Monday ruled that Google acted illegally to maintain a monopoly over online search. It’s the biggest antitrust ruling in decades. Could it be the cherry on top for President Joe Biden’s economic legacy? We’ll get into it. Plus, climate change and the future of the home insurance industry. And, gymnastics girl power and meteor showers make us smile.
Here’s everything we talked about today:
- “Google Loses Antitrust Case Over Search-Engine Dominance” from The Wall Street Journal
- “All the spiciest parts of the Google antitrust ruling” from The Verge
- “How Does Harris View Big Business? Her Time as California’s Top Lawyer Offers Clues” from The New York Times
- “Your Next Home Insurance Nightmare: AI, Drones, and Surveillance” from Business Insider
- “Trump vs. Biden: Who Got More Done on Antitrust?” from Washington Monthly
- “For the VP also-rans’ political futures, Walz’s elevation ‘complicates it a lot’” from Politico
- “Michelle Obama Weighs In On Simone Biles’ Bowing Gesture After NFL Star Trashes It” from HuffPost Sports
- “Perseid meteor shower 2024 peaks this weekend. Here’s how to see summer’s best ‘shooting stars'” from Space
- “Mountain Bikers Are Rewilding Land by Paying the Government to Do It” from Wired
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Transcript
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| 0:27.0 | Hello everyone I'm Kimberly Adams. Welcome back to Make Me Smart where we make today makes |
| 0:38.6 | sense. |
| 0:39.6 | And I'm Matt Levin in for Ky Rizdahl. Thanks for joining us on this Wednesday, August 7th. |
| 0:46.8 | Today we are going to do our usual thing, |
| 0:48.5 | which is to share some news and some smiles. |
| 0:52.0 | Let's start with some news specifically your news Mr |
| 0:55.5 | Levin. So I'm going to force us to talk about a thing that you and Megan briefly |
| 1:02.0 | touched on yesterday but I think it's a very very big story and if it didn't |
| 1:07.2 | happen on Monday when the markets crashed, I think we this would dominate business news cycle. |
| 1:13.7 | We say there was a sell-off. |
| 1:15.8 | The markets didn't crash. |
| 1:18.5 | What's that distinction? |
| 1:21.0 | What's wrong with crash? I think Crash implies like a |
| 1:25.4 | broader like spread throughout the entire market really we saw several sectors |
| 1:31.2 | having big sell-offs that sent the number like the averages down but |
| 1:36.2 | it wasn't like an economy-wide crash. But you know I'm not the expert on that I |
... |
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