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Jul 21, 2021
07/21
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FBC
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big tech companies, and from what i understand, it begins with this waiver that they seek, so jonathan kanter you know, he's an appointee but again i think he's going to get approved. i think republicans are just as anti-tech these days as democrats for different reasons, and you know, sometimes they do agree that these companies are too big, and five companies ruling the world scares people, so that's where we are right now. i'm not saying that's a good idea. liz: yeah, i get it. charlie we got breaking news here, the senate test vote on the bipartisan infrastructure bill has just now failed. the vote, along party lines of course 50 votes each but senate majority leader chuck schumer switched his vote to ney at the last minute, in order to be able to bring the bill up for a vote at a later date. politics, folks. washington and politics. all right, coming up, why you should check into hotel stocks, our countdown closer is next, with his name. stay with us. ♪ ♪ with cutting-edge tech, world-class interiors, and peerless design... their only competition is each other. the incomparable mercedes-
big tech companies, and from what i understand, it begins with this waiver that they seek, so jonathan kanter you know, he's an appointee but again i think he's going to get approved. i think republicans are just as anti-tech these days as democrats for different reasons, and you know, sometimes they do agree that these companies are too big, and five companies ruling the world scares people, so that's where we are right now. i'm not saying that's a good idea. liz: yeah, i get it. charlie we...
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Jul 20, 2021
07/21
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BLOOMBERG
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we know jonathan kanter has been anti-alphabet for years. what does that mean for big tech?most immediate consequence if he is confirmed the deposition is this existing antitrust lawsuit against google that has been filed by the federal government, which is going after their search business and cutting deals with apple and other companies for distribution shared i think that would be the first battlefield. there is another lawsuit that could be refiled against facebook. there are a lot of issues that are bubbling up. that will be an immediate charge if he is confirmed. caroline: let's lineup the timelines for all of these things because we felt for a long-term view administration is serious -- for a long time this administration is serious. we think it is going to be all focus and then the ftc backs away, pushed away in terms of its focus on facebook. what is the most eminent antitrust threat facing some of these big tech right now? >> if you are looking at processes, you look at the ftc and look at congress, it takes longer time for them to act. on the ftc, you need a major
we know jonathan kanter has been anti-alphabet for years. what does that mean for big tech?most immediate consequence if he is confirmed the deposition is this existing antitrust lawsuit against google that has been filed by the federal government, which is going after their search business and cutting deals with apple and other companies for distribution shared i think that would be the first battlefield. there is another lawsuit that could be refiled against facebook. there are a lot of...
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Jul 20, 2021
07/21
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BLOOMBERG
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president biden plan to nominate jonathan kanter as part of the justice department's antitrust divisiong to a person familiar. the news is not public yet -- i guess we are making it public. the latest sign the administration is preparing a broad crackdown on large technology companies. kanter left one of the biggest law firms in the country last year to start his own firm, and is a long time foe of google. kanter representing companies that have pushed antitrust enforcers to sue the search giant. this is a sign that big tech faces a big headache in terms of the department of the department of justice and antitrust division. amber: it will be interesting to see how these big tech companies respond to that. will google follow the same path as amazon and facebook have with the ftc chair lena con saying that she should be recused from these cases, and specific because of her past involvement and actions against those companies. to your point, kanter has represented clients that have taken action against them. we will be watching them to see how they react. let's take a broader look at the m
president biden plan to nominate jonathan kanter as part of the justice department's antitrust divisiong to a person familiar. the news is not public yet -- i guess we are making it public. the latest sign the administration is preparing a broad crackdown on large technology companies. kanter left one of the biggest law firms in the country last year to start his own firm, and is a long time foe of google. kanter representing companies that have pushed antitrust enforcers to sue the search...
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Jul 22, 2021
07/21
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LINKTV
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president biden has announced plans to nominate one of the nation's leading antitrust attorneys, jonathan kanter to lead the justice department's antitrust division. senator elizabeth warren praised the decision saying it was "tremendous news for workers and consumers." since taking office, biden has tapped three leading critics of big tech to top positions -- kanter at the doj, lina khan to head the federal trade commission, and tim wu at the national economic council. the president of the upcoming u.n. climate talks in the united kingdom has urged nations to ban the burning of coal as part of an effort to reduce carbon emissions. alok sharma spoke to the journalism collaboration covering climate now. i want cup 26 tbe the cop -- if i talk out the youth's own joney when it comes to coal power, in 2012, less than 10 years ago, 40% of electricity was ming frocold. we are n less than 2%. 2024 by which we will be coal-free. amy: the u.k. will host the next u.n. climate conference in november in glasgow, scotland. in other climate news, in southwestern iran at least three people have died in protest
president biden has announced plans to nominate one of the nation's leading antitrust attorneys, jonathan kanter to lead the justice department's antitrust division. senator elizabeth warren praised the decision saying it was "tremendous news for workers and consumers." since taking office, biden has tapped three leading critics of big tech to top positions -- kanter at the doj, lina khan to head the federal trade commission, and tim wu at the national economic council. the president...
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Jul 23, 2021
07/21
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CNBC
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that hold companies like facebook responsible for misinformation also, president biden tapped jonathan kanteromic advisers, why so -- why do you think investors don't seem concern. i have to admit, it defying logic. these three names are absolutely dedicated to dealing with the problems of revising the antitrust laws, which are really so far out of date, in a time when there was no digital economy. if you look at 'em of the companies they are looking at, when is primarily alphabet, google, facebook, amazon, apple, they are all. >>> and david sicily in the house house has had a focus on this. now it's ipartisan s in face of this, you're see stocks go to almost new highs and does have bipardon san support. it's the same thing that china is dealing with, trying to get around these companies they have similar antitrust mo notally laws they are focusing on now >> yeah, just no congress, i guess, no parties, but alan, you know, facebook and amazon have already have had leena kahn to recuse herself now you have kanter, so investors are saying, what is the likelihood that would threaten their busines
that hold companies like facebook responsible for misinformation also, president biden tapped jonathan kanteromic advisers, why so -- why do you think investors don't seem concern. i have to admit, it defying logic. these three names are absolutely dedicated to dealing with the problems of revising the antitrust laws, which are really so far out of date, in a time when there was no digital economy. if you look at 'em of the companies they are looking at, when is primarily alphabet, google,...
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Jul 21, 2021
07/21
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CNBC
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attorney and long time google critic jonathan cantor as the doj's top anti-trust cop joining us now, ben brody, who first reported that biden was considering kanter back in april. good to have you ben, how significant is this and how much you pushback should we expect on this pick given what we've already seen with lina khan >> i think it's hugely significant. if you look at who the progressives have wanted to put in that spot since the beginning of the biden administration, this is who they want. he is the person they think will be the most aggressive, bring the most cases, bring the department forward as they see it the fastest so this is who they want and i think if you're google in particular i would be shaking in my boots and use some of those lobbyists that we just talked about to really push back gendz the kinds of things that he could be bringing down, whether it's future cases, whether it's mergers or litigation strategy because the cases have already been launched. how tough is the gop going to be in that room i think that's what boolgoogle s to worry about now >> do you think they should recuse himself because of his track record and w
attorney and long time google critic jonathan cantor as the doj's top anti-trust cop joining us now, ben brody, who first reported that biden was considering kanter back in april. good to have you ben, how significant is this and how much you pushback should we expect on this pick given what we've already seen with lina khan >> i think it's hugely significant. if you look at who the progressives have wanted to put in that spot since the beginning of the biden administration, this is who...