Economist Podcasts

Antitrust, the process: America’s competition cops

17 snips
Jun 29, 2023
Alexandra Suic-Bass, a Senior Correspondent at The Economist, and Don Wineland, China Business and Finance Editor, dive deep into the evolving landscape of antitrust enforcement in the U.S. They explore the heated legal battle over Microsoft's merger with Activision and the broader implications for tech regulation. The discussion also highlights China’s economic slowdown post-pandemic, emphasizing challenges in retail and housing. Plus, they humorously reflect on Tato cheese-and-onion crisps, blending serious topics with tasty nostalgia.
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INSIGHT

Broadening Antitrust

  • Khan aims to broaden antitrust beyond consumer pricing, considering harm to labor and small businesses.
  • She believes this aligns with antitrust's original intent.
INSIGHT

Mixed Results

  • The FTC's track record under Khan is mixed, with both wins and losses.
  • While some deals were dropped due to FTC scrutiny, court victories are limited.
ANECDOTE

Meta/Within Case

  • The FTC lost a case challenging Meta's acquisition of Within, a VR fitness app maker.
  • Khan argued this acquisition stifled nascent competition in emerging tech.
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