facebook competed one google competed one and now we're going to come in and say you know you did too well so we're going to raise you i bet and i don't like it i don't either but i'll take a lot of my devices are calmer but buying the competition to destroy competition is not good business practices and you know that ok we saw that with these other big standard and i'm not saying you know they were told by their competition and they destroy it ok all right jeffrey the same question to you trying to break. you know i'm i'm in favor of google mostly because of the privacy issue google has more google has more data on people than the n.s.a. . than any government agency ever dreamed of. it has tracks you across every platform. is ubiquitous browser therefore if you are a lot fewer any company anywhere in the world you need to have a presence on chrome which grew arms and the only area that google really suffers

from is in telephones but nevertheless you load a google app on your telephone that of course we all do because we all like to use g. mail or watch you tube there on the phone as well so this is a completely unbalanced scenario that needs to be to grow caught up as soon as possible and. let's go back to bill in london bill you know we have the we have the situation of 18 t. when they created they the baby bells ok and they competed against each other and they were actually at one point allowed to merge ok after they had been broken up and i want to speak to an issue that i'm sure ad will bring up but i'm going to mention it now the current owners of this let's say facebook and google they would have shares in these broken up companies i mean if you look at rockefeller when standard oil was broken up he became even more rich because he had shares in all of these companies that were competing against each other and creating the best product for the best price for the consumer that isn't

a possible way bill go ahead i'm not sure that we're going to be doing any of these actions for the benefits of they made just shareholders in some of these companies the main consideration is going to be what does this mean for the consumer and the competition in the markets and that has to be the main consideration that we focus on we need to remember that there have been a number of already inquiries both in the e.u. and in the u.s. into their practices by some of these companies and also into the. sort of level of competition and these companies have become very effective in terms of their ability to lobby for their own causes and in order to frustrate some of the actions that might have been taken against them so far they've survived with nothing more than the old falling here all there and we need to understand exactly what the purpose of any action on the antitrust front is at this purpose in this moment in time and how far we're going to take it i'm not sure that there is. all of the great rushing of fists and gnashing of teeth that the amount of power that they

have in the actions they've taken to the council. i'm not sure there's actually a concerted and really well identified set of actions that we want to take against these companies at this moment insulin ok you know but you had you know just. when it was released by the wall street journal i suppose it was intentionally that google was going to be investigated for antitrust its shares dropped 6 percent and they're scared of this big time ok though they have they bankroll a lot of people in washington you know they really they stuff a lot of pockets there but there is a growing concern i wouldn't say bipartisan because there's no such thing as bipartisanship in the u.s. right now but i voice is on both sides are beginning to say that we need to take a look into this for all the reasons that you gentlemen have already mentioned go ahead and write i mean i think all of us agree the privacy issue is the big deal here you know for good about the political leanings but the privacy issue but you know jeff is saying we need to break it up because of the privacy issue i think has

been really short sighted jeff because they have they do so many other things just look at all the other companies in different you know products that they sell google specifically look at all the things that google does they're not number one in everything they're competing they're winning they're developing better products and everybody else needs to get on board and start competing against them and peter i didn't say that we wanted to you know bankroll of the companies we just need competition just like the gold state warriors right now they're the best team in the league. we have to break them up because they're winning so well of course not and i don't think it's a very good start harris and it's not a here's a good example peter go ahead i just want to make this point amazon amazon is doing a great job but guess what wal-mart is now coming on board costco is coming on board and they're going to compete that's what we want competition gets us a better product at lower prices ok well let me go to jeff and see back here but you know when you look at companies the size of facebook and google the cost of entry is extremely high now if you were to break up these companies like into

search and e-mail and other products that they have so much control over that would create an enormous amount of competition and what you know was innovation is well innovation companies of this size do not they stop innovating ok they prefer the profits and not innovation that's bad for consumers go ahead jeff. yeah the other error besides privacy is google controls search so and search is really the biggest the biggest issue here and so if you are a competing company and hoping that your win when somebody is looking for a widget that you are the going to be on the 1st pages it's impossible you can't you don't google doesn't share the secret of their algorithm there's a huge scale market out there or search engine optimization to try to get companies on to the 1st age or opt into the top. and there's no way to do that because google doesn't share that information and because google wants to have its own information

at the time for example travel so google is getting into the travel business and when any time you do a search it's going to give you google will put right at the top it's own travel findings for best results cheapest fares something that you know many of these troubled companies are trying to do exactly pete let's just go to safeway so go ahead and gentlemen just like when i go to safeway i'm going to get a safeway razor. ok but i really am going to show where they're going to do you know and i'm going to hang on guys so you know obviously google is going to support its own products let me go to bill right now and it will punish any kind of competition that it sees as a i mean you can't have it both ways saying that you're you're a search for the entire internet and then say we're going to punish these people and reward these people are going to go to build on that in london yeah but let me go to already seen let me go to bill. fines leveled against google in the e.u.

and he competitive practices and the fact that we're now looking at a full anti trust hearing is a sign that the actual regulation going regulation has failed we should be keeping our head of the game here in order to stay on top of these companies to ensure that they're not deploying and he competitive tactics if we going down the line of an antitrust suit it means that a lot of the preventive regulation has failed maybe we should be investing more some of the fines that have been raised in the past investing that in better regulation in resources for some of the regulators so that we can head off some of these problems ahead of the game rather than waiting until a company has acquired that much power and that much reach that we need to start thinking about antitrust measures and even if we are going to go down the antitrust route this isn't a simplistic exercise i mean we've seen that the microsoft one was overturned on

appeal in court and therefore it's not straightforward and even though the ones that were taken across the oil industry in the past and the baby bells these 2 years to take a few years i mean the yeah they could tell you take a decade ok jeffrey and you see but. we interrupt that episode of cross talk to take you live to a press conference with a lot of mere putin and chinese president xi jinping who have been having talks in moscow. the president of china is in the. and russia for 3 days for this state visit and the 2 will be giving a joint statement in just a few moments here in central moscow. the president of china came in this morning and the 2 sat down for talks. of course they were expected to talk about

a number of international issues including trade. and wall in moscow the chinese leader will also be attending a performance at the bolshoi theater. when he will then travel to st petersburg for the international economic forum along with a lot of mir putin. the 2 leaders have had talks today and they were expected to discuss cooperation and political and economic fields including of course touching on the one belt one road initiative and possibly also the do nuclearization of the korean peninsula. and we could be. getting ready to do. what he said he can and just a moment a live joint statement between president vladimir putin and they will actually be traveling to a zoo here in moscow as the chinese president has gifted 2 baby pandas to russia and they will be opening that exhibition at

a moscow zoo. president xi jinping. is here in moscow for a 3 day state visit. but he's been having talks with the russian president vladimir putin. at the kremlin and a visit affirming the increasingly close relationship between the 2 former cold war communist rivals. she who arrived in moscow earlier today will attend a ceremony marking the launch of a chinese car factory and also as we mentioned earlier stop by moscow's zoo. she will also be one of the key speakers at russia's major investment conference and st petersburg on friday. hooten and she are meeting in russia as world leaders gathered on the east coast of england to mark the 75th anniversary of the detail landings hootin who attended the 70th anniversary commemorations in france 5 years

ago that has not been invited russia was not involved in d.-day but the soviet effort was crucial of course in defeating the nazis on the eastern front with china and russia in recent years has aligned their foreign policy positions at the united nations and in regard to major international crises such as syria and iran nuclear program putin and televised remarks at the start of the talks at the kremlin culchie a friend of the chinese leader said that he hoped the talks would be a success and at this point we are waiting for the 2 to make a joint statement after they sat down and have those talks in central moscow. today is the 1st day of a 3 day state visit by. excuse me the chinese president here in moscow. during the visit the 2 sides are expected to sign about 30 documents and will make a statement on strengthening the strategic stability.

later on in the week the 2 will go to an economic forum in st petersburg she will take part in that form as an on our guests and this schedule to also speak. with. the 2 leaders sat down today for talks in the kremlin it's believed that they touched on a number of economic and international policies it's likely that they also within that spoke on the situation on the korean peninsula we're hoping to hear from them shortly to see exactly what was discussed and what came out of those talks and what we can hope for in the future when it comes to the relations between the 2 countries. when you said you know you can put this after this joint statement that we're waiting for the. she won't continue his 3 day state visit visit here and russia. has a number of events scheduled today in moscow including going to. where he is

presenting russia with 2 baby pandas. exhibit will be opened at the zoo and we'll be covering all the developments throughout the day when it comes to that event and further in the week as part of xi jinping this 3 day state visit here in russia. that during his visit to russia ping is expected to sign with the russian president a number of documents and agreements possibly up to 30 and make a strong statement on strengthening the strategic stability between the 2 countries who of course have very close ties. before the 2 sat down for talks at the kremlin today a lot of her putin called she a friend of the chinese leader said that he hopes that the talks would be a success in those talks were expected to touch on a number of subjects including international and economic policies and likely it's

also that they spoke on the situation in the korean peninsula which is of course. important in today's day the chinese president was met by the minister for development of the russian far east and arctic and other russian ministers. with. later in the week about amir putin and she will also take part in the st petersburg international economic forum she being is going to be an honored guest and is scheduled to actually speak at that forum. today the 2 presidents were expected to discuss cooperation and the political and economic fields including of course touching on the one belt one road initiative. and the denuclearization of the korean peninsula. we're currently waiting for them to make

a joint statement that was to put you out of place and we seem to be distributed with it. this statement comes just a day before the start of the st petersburg economic international forum going to be she's going to give you that it's the most students that you saw we treated so that's of course russia's flagship international investor forum that expects at least a 1000 representatives from china and that starts on thursday. throughout that time it's expected that china and russia will find a number of documents on cooperation. being arrived today for his 3 day state visit to russia. during his time here in moscow today he has sat down and spoken with his russian counterpart vladimir putin the 2 are going to shortly give a joint statement it seems that. you can use them. to. use it if you want to

see what you do when you do that when you don't speak to after that she who arrived in moscow earlier today will attend a ceremony marking the launch of a chinese car factory and also stop by moscow zoo to hand over to pandas that are being gifted to russia from china because she will also be one of the key speakers at russia's major investment conference in st petersburg on friday. because now this meeting meeting between putin and she is happening at the same time as world leaders have gathered on the south coast of england to mark the 75th anniversary of the d.-day landings. that putin who attended the 70th anniversary commemoration in france 5 years ago was not invited this year. but on the. right now we're going to cross live to our correspondent don of who has more about these meetings today now what were the highlights of today's meeting between the 2

leaders and what can we expect from this news conference. oh well jacki what i got to say has already cooled this meeting between russia and the chinese delegation in the event of the year when the bilateral relations between moscow and beijing are concerned and it's not just the political elite that is meeting that is the business circles and we've already in fact i have just been listening to a number of deals being announced from the chinese taking their common use of manufacturing to russia to the russian gas giant nova tech moving and agreeing sort of signing a deal with. chinese counterparts to build a gas facility on the chinese soil and these are just the 2 highlights they can that i can mention just off the top of my head is when it comes to what is being still signed as i speak right now and i mean obviously this is just the public's

part and i mean we still don't know even we only know a fraction i guess they want to say of what has been happening behind closed doors in the moscow kremlin behind me behind closed doors and again now also an interesting fact the most cool the most cool mayo's or case of banyan signed a memorandum of understanding with china when it comes to the protection of the giant pandas and this is no coincidence because very soon the 2 leaders vladimir putin and cheating p.r. expected to move to the most schools zulu of all places to attend a special ceremony a ceremony of china gifting to read pandas to. there will be a whole area dedicated just to those 2 creatures it's something of a big deal because. the chinese are very serious and they take very seriously how people care about the china exclusive species the great pandas the giant pond as

they should say and so well this is this this will certainly will be the highlight of this evening and certainly a good wrap up of the official program. figure that's what we know about today that they have these talks and then there's going to be the handoff of the pandas at the zoo but this is a 3 day visit by paying it can you tell us a little bit more about what they might be doing further on in this visit. both further on xi jinping will of course move to st petersburg to the business forum where he will meet with the basically this is this will be like today but on steroids it should say he will be meeting with various russian business leaders again and we should expect it is. only expected that there might be more deals coming out of heeding pings visit to russia for instance we have heard speculation that. the fight over trade between china and the united states of course the

chinese business is they're looking for other partners you know the chinese smartphone giant why way it has been banned by and it has been going to. take a listen to what they have to say companies. to russia in the president. but the state visit. here you know you. want diplomatic ties between your 2 nations or. russian chinese ties we have reached. out to get a comprehensive partnership strategic. cooperation and we are in close contact with president we change contacts in regular communication with international

fora. particularly russian. politics economy human to human contact. the talks what do we have a very constructive substantive discussion. but we also look at the international agenda somewhere. and we focus. on what you say china's. corporations those areas. what you are of mutual is your deep interest but will join the talks as we change opinions. at the table so i said. i need to move the minute we have mechanisms of carb ration and we have substantive

discussions on each of the items of the agenda and as you could see you have signed . a large number of documents which we have a word to promote your strategic partnership. we are entering a new era era we have set a new objective is. targets we looked. at the very. we focused on the economy. china is. a trade turnover has grown by a quarter 180000000000 years dollars that we have a success in investment to. support it could be true we have about 13 vestal projects worth 22000000000 years dollars and the vast majority of

these funds have been invested into the practical issue of russia's far east. regional mutual settlements are the next area we would like to work in we have just signed an agreement who promoted settlements. and russian rubles and providing sustainability transactions and nukes global instability in the markets energy corp is. moving ahead 67000000 tons of the rules. have been sent to china last year on their wish the way the so called eastern route will be expertly implemented. to supply natural gas they're also possibilities to sweet line natural gas supplies the west route and via russia's far east excess. could also be supplied china's 3rd

stretch of your model and g. which was launched 30 percent 29.9 percent belong to china. and we carp ration up and get another major project r.t. killing 2 this. year during our last years visit we had to break 3 agreements tomic operation of the 3rd and 4th. block of g.e. nuclear plant in china will be built. and that was a demonstration react fast neutrons will be built. do we have translation as it were good. we had when you put i wish to focus on this industrial corporation. that would go after please when you china is leading

car manufacturers great for all this is opening its 2nd stretch plant in italy region that it will be able to produce up to 80000 cars and the level of localization 70 percent. but you must do it. we will looked look. at the new cars. we have new projects in the helicopter making a new aircraft make new spacecraft. pharmaceuticals and. high tech industries. in the woods on the us russia is mutual chinese russian and 3 year of research will be. taking place 20202021 we are talking about a new. ground and thus still complex in the primordial region here russia and china

us will further develop transit really. we need to know and you bicolor more transcribed we really know who routes the northern cities. particularly we are expanding border infrastructure we are competing almost the construction of a new passage and the new body bridge. we welcome the corporation between china's provinces in russia's regions we had a successful year. into regional cooperation with you we have. dedicated counsel. between the. and so far one of all good district there will be 2 new formats of cooperation between the central federal reserve districts in the north and between our up and north

west. district and. provinces of china in the gospel and we conduct much of. our humanitarian carp aeration around and was developing a spot of this 3 year program. hosting the scene of the festival called youth and sports exchanges are underway tour is. on the rise. so 2200000 russians visited china and 1700000 chinese tourists. came to russia last year i was just telling my counterpart. michel for the world is that as i was moving from one building of the mosque. another was used he's see so many tourists from china so he could wave.

but i like to thank my counterparts and all of their delegation for the handover of large pandas we know this is our president. this is a token of confidence and respect and trust when we talk about pandas we all smile. deeply respect. your gift. we really appreciate it these animals are a symbol of china and later on together with my counterparts we were planning to go to zoo and have a look at these wonderful. an animal's. we have discussed crossing international regional issues. we believe that most of them rushes in china's positions are close

or identical we have. joint terkel aeration on strengthening. stability in the modern era and we really both state the. arms control disarmament not perforation agreements need to be protected against any attempts to destroy that we share the same opinions on the korean peninsula and we are implemented soon to be joint venture of the joint roadmap we believe there is no alternative to a peaceful solution and there cannot be any alternative if it will continue or are. considered efforts to ease tensions to deescalate and to strengthen security and stability we. we are working together to resolve the syrian crisis we promote the efforts to stabilize the situation

in venezuela. the rayney a nuclear deal needs to be upheld as we both believe issue. during the talks we agreed to ramp up our part of the year when the shanghai cooperation organization brics g 20 apec a spot of other leading multilateral fora. to align with consideration efforts. in. the. initiative so that we could having the great sea ration partnership in the longer term you sure i'd like to use this opportunity to saying my counterpart in all of the chinese tell it gets for a productive joined negotiation you get the.