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The John Batchelor Show

#MRMARKET: FTC vs. Bigness, failing. Veronique de Rugy, Mercatus

The John Batchelor Show

John Batchelor

Arts, News, Society & Culture, Books

4.52.8K Ratings

🗓️ 22 November 2024

⏱️ 9 minutes

🧾️ Download transcript

Summary

#MRMARKET: FTC vs. Bigness, failing. Veronique de Rugy, Mercatus

1912 Waiting for Bryant to speak.

Transcript

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0:00.0

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0:40.8

In general, is said to be favorable to the parts of the economy that worry about government regulation.

0:49.4

What parts?

0:50.5

I welcome Veronique de Reggie of the Mercatus Center, writing most recently a creator's syndicate

0:55.7

about the FTC part, the Federal Trade Commission, these last years directed by a polymath,

1:03.1

Lena Kahn, whose thinking, I generalize, is that bigness means monopoly.

1:10.8

Veronique, a very good evening to you. The example I have from the news torn from the is that bigness means monopoly.

1:12.4

Veronika, a very good evening to you.

1:17.6

The example I have from the news torn from the pages of the financial times in these last hours is that the Federal Trade Commission, Linnecon, leading, is directing their might, and it is

1:24.9

considerable against Google, which itself is a fortress, demanding that

1:29.8

Google sell off Chrome because of unfair competitive practices.

1:36.1

Lena Khan's theory is bigness.

1:38.1

Is it more than that?

1:39.1

Good evening to you.

1:40.4

Good evening.

1:40.8

Well, what Linnecon has really done is basically throw away decades of standards, a standard that was used for decades to actually really assess whether the government should intervene and break a merger and what they would call a monopoly.

...

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