130 - Monopoly: Are Apple, Google, Facebook & Amazon Fair Game?
Fortt Knox3 Aug 2019

130 - Monopoly: Are Apple, Google, Facebook & Amazon Fair Game?

The problem with the Monopoly board game is that only one person ends up happy in the last half hour of the game, and everyone else is miserable.

If you believe tech critics, some of the biggest companies in the industry have figured out a way around this unhappy ending in real life: Each one of these multi-billion-dollar juggernauts has its own mini-monopoly. Google gets to rule search engines, Facebook gets social networks, Amazon gets e-commerce and Apple gets expensive phones … made by Apple … or something. I really don't get any of the arguments that Apple has a monopoly on anything.

Why does this matter?

One could argue – and I know this because I'm about to – that the tech companies that are in the antitrust crosshairs are more central to our everyday lives than any group of accused monopolists in history. This isn't a bunch of railroads or oil companies. This is the app you use all day to talk to your friends and family. The phone you use to fire up that app. The service you use to search for the theme gift for a 10-year wedding anniversary, and the store you use to buy the gift.

If these companies are found to be monopolists ... and they're found to be abusing their monopoly power … they could get broken up or otherwise restricted.

Should that happen? We're going to help you decide. With me today to figure it out, some legal firepower:

Doug Melamed is a professor at Stanford Law School and before that was general counsel at Intel. A couple of decades ago he served at the U.S. Department of Justice as Acting Assistant Attorney General in charge of the Antitrust Division.

Dina Srinivasan is an antitrust Scholar and an author of the paper: “The Antitrust Case Against Facebook.”


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Episoder(147)

3 - Thanksgiving, and the Muslim Branch of My Evangelical Family

3 - Thanksgiving, and the Muslim Branch of My Evangelical Family

This week on the Fortt Knox podcast, I want to get a little personal. Instead of hearing from a business leader or celebrity as usual, you're going to hear from someone closer to home. My home. The United States right now is struggling with how to respond to the scourge of terrorism -- and how to relate to Muslim Americans here at home. It's something my family has a unique bit of experience with. And this being the days after the Thanksgiving holiday, and after a presidential election, it's a good time to reflect on family. And the country. The voice you heard at the beginning of this episode was my cousin on my dad's side. Omar. I'm a Christian. My faith is an important part of my life. I try to study my Bible regularly, I attend church weekly. My father is a retired pastor and chaplain. My grandfather was a pastor, too. Omar and his siblings are Muslim. His parents converted before he was born. It's fair to say religion has always been a source of tension in our family, but especially over the last 20 years. Through it all, we've tried -- with mixed results -- to keep the family together. So I asked Omar if he would sit down and talk to me for Fortt Knox about something we can all relate to at a time like this: The struggle to find common ground in the face of fundamental differences. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

28 Nov 201647min

2 - Lisa Su, AMD CEO: Beyond the Glass Cliff

2 - Lisa Su, AMD CEO: Beyond the Glass Cliff

Lisa Su, AMD CEO, on how she went from engineer to the corner office. In Fortt Knox's Podcast Edition, CNBC's Jon Fortt talks with leaders and influencers who make things happen. For the Live Edition of the show, check out Jon Fortt's Facebook Page. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

21 Nov 201621min

1 - Alexis Ohanian, Reddit co-founder: Why Thomas Jefferson Would Love Reddit

1 - Alexis Ohanian, Reddit co-founder: Why Thomas Jefferson Would Love Reddit

Alexis Ohanian, co-founder of Reddit, on how he got where he is and what makes him tick. In Fortt Knox's Podcast Edition, CNBC's Jon Fortt talks with leaders and influencers who make things happen. For the Live Edition of the show (which debuts the week of 11/14), check out Jon Fortt's Facebook Page. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

13 Nov 201625min

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