Sam Seder
@TheMajorityReport·2M subscribers·30.1K videos
Huge Google Monopoly Loss & The Harris Walz Corporate Power Agenda | David Dayen | TMR
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August 12, 2024
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August 12, 2024
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39:04Now PlayingLive-streamed on: August 7, 2024
Sam speaks with David Dayen, executive editor at The American Prospect, to discuss Kamala Harris selecting Tim Walz as her running mate, and the recent ruling by a federal judge against Google.
David Dayen then joins, as he first dives into the DOJ’s recent massive victory over Google’s monopolistic violations of section two of the Sherman Act, becoming only the second major anti-monopoly victory of the digital age, walking through the case’s parallels with Microsoft’s monopoly case a quarter-century ago, and the central role Google’s dominance of the search engine market via buying default access across the industry. Expanding on this, Dayen explores the $25 billion budget in 2021 (as well as myriad internal documents) that undercut Google’s claim that this “default” status wasn’t actually important to their market share, before stepping back to walk through the upcoming “remedy” phase of the trial, why it’s so difficult to undo decades of monopoly power with punitive measures, and whether there is hope for greater structural change to come out of this case. This brings Dayen to the future of the administrative state, with this case’s appeal likely to go well into the next presidency, and the approach a Harris Administration might take to this issue, parsing through the early signs as major Dem donors implore her to ditch the major anti-trust leaders of Biden’s Administration, and whether Tim Walz and greater institutional defense of Biden’s administrative choices serves as a stronger signal. Sam concludes the free half by highlighting LinkedIn co-founder and major Dem Donor Reid Hoffman’s attempt to defend his call for Harris to drop FTC Chair Lina Khan.
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