she sat down with john mickelthwait and they discussed the timely issue of regulating big tech. >> itmarket. they have dual functions. into e-commerce. they provide a number of services which allows smaller businesses to be active opportunities. that is great. they guide themselves. bookstore, everything. , movies, the works. they get all the data from the little guy. we want to understand how this data is being used. this is all about competition. innovation,-- say it is the most important driver for innovation. think the future is a bit like telecom companies or maybe what happened with microsoft many years ago where you have a platform company which is forced to let other people trade and have access? >> i think that is very difficult to say. this is a revolution. we haven't even seen what is quantum computing. blockchain really pulling off. we have have brought -- probably platform economy. which is why it is important for us to understand, what is the new big? how are companies that benefit from network effects, huge costs, of data, marginal how do they compete? >> do you think i

she sat down with john mickelthwait and they discussed the extraordinarily timely issue of regulating >> it is a two-sided market. they have dual functions. they host the little guy so we can enter into e-commerce. they provide a number of services which allows also smaller businesses to be active in e-commerce and graph active opportunities. they are also the big guy themselves. bookstores, you know, everything. groceries, movies, the works. and they, of course, get all the data from the little guy. and we want to understand how this data is being used. because this is all about competition. because when we say innovation, competition is the most important driver for innovation. for you to stay ahead of your competitor. john: do you think the future is a bit like telecom companies or maybe what happened with microsoft many years ago, where you have a platform company which is forced to let other people trade and have access? think that well, i is very difficult to say. this is a revolution. things change. we haven't even seen what is coming with content computing, blockchain sort of

he spoke to john mickelthwait at the one planet summit in new york. >> we find an important -- assignedportant agreement in june. we decided with chancellor merkel a clear roadmap with more integration of the eurozone with ambition for our policy, our green policy and big innovations. i think now what we have to do is to deliver to do the maximum before the end of this year. it will be a big debate for the upcoming european elections and deliverow the critical, [indiscernible] and not what i proposed a most it by day -- almost day by day. we define a clear and ambitious mandate for the next commission and the next [indiscernible] the polls are lower this year. does that give you some worries? >> know. i do not have midterm elections. that is my good point. beiously the best way to very high in the polls is to give money to people. it is sure. it is not what i propose to my so we -- i have to reform passed several reforms on labor markets, on the highway system last year. we are launching new reforms to reform the unemployment scheme and we will announce [indiscernible] and rush toeep th

he made the comments in an exclusive interview with john mickelthwait. >> our investments are based on globalization and there are some disturbing signs. the interesting thing is to see whether there is rapture in the trend or just small trend. in the first content to best contested vote, the chancellor's top lieutenant in parliament was ousted. he was replaced by a fiscal who ran on bringing in fresh faces. bill cosby has been sentenced to at least three years in state prison. declaredfter the judge him a sexually violent predator. he was found guilty of dragging and sexually assaulting a woman in 2004. global news 24 hours a day, on air and on tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. i'm taylor riggs. this is bloomberg. ♪ nejra: thank you so much. president trump reasserted his america first perspective to the united nations. he offered a blunt rejection of the multilateral approach. been -- he oh prompted open laughter. >> in less than two years, my administration has accomplished more than almost any administration in the history