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What Next: TBD | Tech, power, and the future - America’s Tech Trustbuster

Slate Daily Feed

Slate

Society & Culture, News, Business

3.91.1K Ratings

🗓️ 19 July 2024

⏱️ 31 minutes

🧾️ Download transcript

Summary

The biggest companies in the world are now tech companies, which is why the biggest antitrust, anti-monopoly fights in recent memory are centered around Silicon Valley. 


Guest:  Jonathan Kanter, Assistant Attorney General, Antitrust Division, U.S. Department of Justice


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Transcript

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0:00.0

When I first got Jonathan Cantor on the line, I wanted to know how he would describe his job, not the technical title, assistant attorney general for the antitrust division

0:15.8

at the Department of Justice, or what the press has called him, America's top tech cop or a modern trust buster.

0:25.0

But just how Cantor sees what he does every day.

0:29.2

So we take on bullies.

0:32.2

There are big companies that have sometimes the power of a small or large government and

0:39.0

they're telling people how to live their lives.

0:42.0

They're keeping other companies from competing fair and square and we step in to make sure that people are obeying the rules.

0:50.0

You literally have, I'm looking at a Zoom video of your office, I can see that you have an anti-monopoly game on the wall behind you.

0:59.2

So, like, that's the stick, right?

1:01.6

That's it. it.

1:03.0

what we do. We are anti-monopoly.

1:05.0

We are a lot, we are law enforcers.

1:08.0

And so there are basic rules of the road that mean that if you're going to compete you have to

1:14.6

compete fair and square that doesn't mean you can't win doesn't mean you can't try hard

1:20.7

does it mean you can't even throw a few elbows along the way in the marketplace?

1:26.6

We want folks to compete because when they compete, we all get the benefits of that competition.

1:36.5

When Cantor thinks the companies are not obeying the rules,

1:39.8

well, that's what lawsuits are for.

1:42.6

Under his leadership, since 2021,

1:45.4

the DOJ's antitrust division has filed suits

1:48.2

against Google, Apple, and Ticketmaster,

1:50.9

to name just a few.

...

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