WEBVTT - Hurricane Heads Toward Florida; U.S. Weighs Google Breakup

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<v Speaker 1>Bloomberg Audio Studios, Podcasts, Radio News.

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<v Speaker 2>Good morning.

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<v Speaker 1>I'm Nathan Hager and I'm Karen Moscow. Here are the

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<v Speaker 1>stories we're following today.

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<v Speaker 3>Karen, we begin with residents of Florida bracing for another hurricane.

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<v Speaker 3>Milton is churning toward the state's west coast, and for

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<v Speaker 3>the very latest we are joined by Bloomberg meteorologist Rob Carolyn.

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<v Speaker 1>Rob.

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<v Speaker 4>Good morning, Good morning, Nathan. Milton is now a Category

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<v Speaker 4>five hurricane in the Gulf of Mexico, which sustained winds

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<v Speaker 4>of one hundred and sixty miles an hour. It's moving

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<v Speaker 4>towards the northeast at about fourteen miles an hour. It's

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<v Speaker 4>expected to make landfall near the Tampa Bay area tonight

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<v Speaker 4>around midnight and exit the Florida coast near Cape Canaveral

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<v Speaker 4>around one or two o'clock tomorrow afternoon. It will weaken

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<v Speaker 4>a bit today, but we still expect the storm to

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<v Speaker 4>produce a ten to fifteen foot storm surge in the

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<v Speaker 4>Tampa Bay area late tonight. Also see winds probably in

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<v Speaker 4>excess of one hundred and twenty five miles an hour

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<v Speaker 4>in Tampa. And it's still going to be a hurricane

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<v Speaker 4>as it passes close to the Lando area overnight and

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<v Speaker 4>off shore of Cape Canaveral tomorrow.

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<v Speaker 3>So when do we expect it all to end?

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<v Speaker 4>Then, Rob, it looks like conditions will improve tomorrow afternoon, Nathan,

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<v Speaker 4>across much of the state, except in northeastern Florida, where

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<v Speaker 4>they could see hurricane force gusts tomorrow afternoon and into

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<v Speaker 4>the early evening.

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<v Speaker 3>All right, Rob, Carolyn with us our Bloomberg meteorologists. Of course,

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<v Speaker 3>we're going to be checking back with you for updates

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<v Speaker 3>throughout the morning. Rob, Thank you well.

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<v Speaker 4>Nathan.

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<v Speaker 1>We have another major story that we're following this morning,

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<v Speaker 1>a possible breakup of tech giant Google. We get the

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<v Speaker 1>breaking details at the Bloomberg's John Tucker, John, good morning.

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<v Speaker 5>Good morning, Karen. The Justice Department considering asking a federal

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<v Speaker 5>judge to force Google to sell off parts of its business.

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<v Speaker 5>This is an effort to end Google's online search monopoly.

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<v Speaker 5>In a late court filing Tuesday, Prosecutors we win, The

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<v Speaker 5>Justice Department said, for more than a decade, Google has

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<v Speaker 5>controlled the most popular distribution channels, leaving rivals with little

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<v Speaker 5>to no incentive to compete for users. It would be

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<v Speaker 5>an historic breakup of one of the world's biggest tech companies.

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<v Speaker 5>The US district judge in the case i'm had made

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<v Speaker 5>a ruled in August that Google Search Engine has been

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<v Speaker 5>illegally exploiting its dominance. He's outlined a timetable for a

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<v Speaker 5>trial on the proposed remedies next spring and plans to

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<v Speaker 5>issue a decision by August. Another option is to order

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<v Speaker 5>Google to provide access to the underlying data it users

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<v Speaker 5>to build its search results in artificial intelligence products. Google

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<v Speaker 5>has already said it plans to appeal. Experts say that

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<v Speaker 5>appeals process could take as long as five years. The

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<v Speaker 5>shares of Google parent Alphabet they are down one point

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<v Speaker 5>three percent in pre market trading York. Come John Tucker,

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<v Speaker 5>Bloomberg Radio.

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<v Speaker 3>All right, John, thank you. Also watching shares of Boeing

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<v Speaker 3>this morning. They're down about one and a half percent.

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<v Speaker 3>The planemaker has withdrawn its latest contract offer to its

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<v Speaker 3>union to try to end a nearly month long strike.

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<v Speaker 3>Both Boeing and the International Association Machinists and Aerospace Workers

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<v Speaker 3>blame each other for the impasse. SMP Global Ratings is

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<v Speaker 3>warning it may cut Boeing's credit grade to junk is

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<v Speaker 3>the work stoppage that is hammering cash shows no sign

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<v Speaker 3>of ending.

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<v Speaker 1>Let's turn to politics now, Nathan and Vice President Kamala

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<v Speaker 1>Harris is seizing on claims that Donald Trump said Vladimir

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<v Speaker 1>putin COVID test kits. Bloomberg's Ed Baxter has that story.

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<v Speaker 2>The claim in Bob Woodward's book says this was at

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<v Speaker 2>the height of the pandemic. Harris told Howard Stern, this

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<v Speaker 2>is just the most recent stark example of who Donald

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<v Speaker 2>Trump is. She said, people were scrambling to get these

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<v Speaker 2>kits and Trump is sending them to a murderous dictator

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<v Speaker 2>for his personal use. Trump's campaign has responded that none

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<v Speaker 2>of these made up stories are true and says Woodward

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<v Speaker 2>had no access to them for the book. Ed Baxter

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<v Speaker 2>Bloomberg Radio.

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<v Speaker 3>Right and thank You this morning. The Kremlin has confirmed

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<v Speaker 3>Trump said putin COVID testing kids at the height of

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<v Speaker 3>the pandemic, as recounted in Bob Woodward's book.

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<v Speaker 1>Well, Nathan, now to the latest from the Middle East.

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<v Speaker 1>Israelly Defense Minister, you have galand has postponed a trip

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<v Speaker 1>to Washington that was set for today. A source tells

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<v Speaker 1>Bloomberg it is due to last minute objections from Prime

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<v Speaker 1>Minister Benjamin at Yahoo. We get more from Bloomberg Middle

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<v Speaker 1>East Breaking News editor Dana Crege.

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<v Speaker 6>The trip was scheduled for Gallant to go to the

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<v Speaker 6>US and discuss with US officials the response to Iran's

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<v Speaker 6>missile attack last week. This was supposed to be very

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<v Speaker 6>significant and very important, So we actually carved the path

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<v Speaker 6>towards what we can expect in the region. Is it

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<v Speaker 6>an escalation or is it more, you know, reducing these

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<v Speaker 6>tensions and calming things with the Lebanon situations flaring.

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<v Speaker 1>Bloomberg's Dana Creche or porst net and Yah, who didn't

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<v Speaker 1>want Gallant to go before his warcabinet, agrees to an

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<v Speaker 1>around plan first, and Israeli official says Netanya, who also

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<v Speaker 1>wants to speak to President Biden first, that conversation is

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<v Speaker 1>expected to happen today.

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<v Speaker 3>Well, training the markets now, Karen stocks sold off in China,

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<v Speaker 3>falling more than seven percent. Chinese equities we're down even more,

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<v Speaker 3>but they paired losses on word. China's finance minister will

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<v Speaker 3>deliver a briefing on fiscal pol I'll see on Saturday.

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<v Speaker 1>Well, here in the US, Nathan more Fed officials are

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<v Speaker 1>speaking out about the future of monetary policy. Boston President

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<v Speaker 1>Susan Collins says policymakers should focus on incoming data to

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<v Speaker 1>help preserve the strength of the economy.

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<v Speaker 7>Looking ahead, preserving the current favorable economic conditions will require

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<v Speaker 7>adjusting monetary policy so as not to unnecessarily restrain demand,

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<v Speaker 7>and that will require a careful databased approach as we

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<v Speaker 7>balance the risks, and there are risks on both sides.

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<v Speaker 1>Boston Fed President Susan Colin says the economy is more

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<v Speaker 1>vulnerable to shocks now that the labor market is cooling

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<v Speaker 1>and economic growth is moderating.

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<v Speaker 3>Karen billionaire investor rate Dally Hotels Bloomberg, he does not

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<v Speaker 3>anticipate the Fed making significant cuts and rates. After policymakers

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<v Speaker 3>slash the federal funds rate by a half percentage point.

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<v Speaker 8>The economy by and large, right now itself is in

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<v Speaker 8>relatively good balance. So if you look at where growth is,

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<v Speaker 8>where inflation is, and so on right now, and you

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<v Speaker 8>have a political year, I think the markets are getting

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<v Speaker 8>ahead of themselves with expecting that, and I think the

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<v Speaker 8>risks are more on the upside than the downside.

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<v Speaker 3>Bridgewater Associates founder Ray Dalio spoke with Bloomberg Shinelli Basset

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<v Speaker 3>at the Granwich Economic Forum. You can hear their full

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<v Speaker 3>conversation on the Bloomberg Talks podcast. It features the biggest

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<v Speaker 3>interviews from Bloomberg each day. Find it on Apple, Spotify,

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<v Speaker 3>or wherever you get your podcasts.

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<v Speaker 1>Well Nathan speaking of some of the biggest names across

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<v Speaker 1>Bloomberg and other Wall Street titan is speaking about the economy.

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<v Speaker 1>We spoke exclusively with JP Morgan Chase CEO Jamie Dimond

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<v Speaker 1>about whether it's soft landing as possible.

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<v Speaker 9>I just think there's a lot of moving parts, a

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<v Speaker 9>lot of things in the future which inflationary. These you know,

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<v Speaker 9>the most important thing taking place of these wars overseas

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<v Speaker 9>held politics. You know, there are terrible humane suffering, you know,

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<v Speaker 9>but also the you know, much of these countries acting

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<v Speaker 9>in cahoots against Western interests, against Israel, against Ukraine, against

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<v Speaker 9>the United States, and that's really serious. So I look

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<v Speaker 9>at a long amount of serious things softly are hard.

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<v Speaker 9>I hope it happens.

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<v Speaker 10>I don't know.

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<v Speaker 9>I just wouldn't count my eggs in that one.

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<v Speaker 1>JP Morgan Chase CEO Jamie Dimond spoke with Bloomberg's Lisa

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<v Speaker 1>Abramowitz at the JP Morgan Tech Stars conference in London.

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<v Speaker 3>Finally, Karen, getting into the Happiest place on Earth now costsmore.

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<v Speaker 3>In California, Disney is raising ticket prices at it's Disneyland

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<v Speaker 3>and California Adventure theme parks by about six percent most days.

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<v Speaker 3>The least expensive admission that covers fifteen days in January

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<v Speaker 3>and February, that's going to stay unchanged at one hundred

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<v Speaker 3>and four dollars, but the most expensive weekend and holiday

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<v Speaker 3>tickets are going up to two hundred and six dollars

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<v Speaker 3>per day. That change is in effect now.

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<v Speaker 1>Honest time now for a look at some of the

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<v Speaker 1>other stories making news in New York and around the world.

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<v Speaker 1>For that, we're joined by Bloomberg's Michael Barr. Good morning, Michael, Good.

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<v Speaker 10>Morning, Karen. The FBI says it arreested in Afghan man

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<v Speaker 10>who was plotting a terror attack in the US on

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<v Speaker 10>election Day, planning to kill America on behalf of ices.

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<v Speaker 10>The suspect has been identified as twenty seven year old

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<v Speaker 10>Nasir Ahmad Tahiti of Oklahoma City. Juvenile was also arrested

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<v Speaker 10>as a co conspirator. DOJ officials say the investigation intensified

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<v Speaker 10>after the FBI search Tahiti's phone and discovered communication with

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<v Speaker 10>an Afghan ISIS recruiter. Fourteen states filed a suit against

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<v Speaker 10>video sharing app TikTok, alleging the effects of its platform

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<v Speaker 10>are harming the mental health of millions of American children

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<v Speaker 10>and teenagers. Doctor Darien Sutton told ABC doctors recommend limiting

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<v Speaker 10>children's screen time.

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<v Speaker 11>General recommendations from the American Academy of Pediatrics. For example,

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<v Speaker 11>children under two should have no screen time. Between two

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<v Speaker 11>and five, no more than two hours of screen time

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<v Speaker 11>that is monitored by an adult, and then above the

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<v Speaker 11>age of five, for all of us, no more than

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<v Speaker 11>two hours of screen time.

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<v Speaker 10>In a statement, TikTok responded to the lawsuits, saying the

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<v Speaker 10>company has been trying to work with the Attorney's General

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<v Speaker 10>to find constructive solutions to industry wide challenges. President Biden

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<v Speaker 10>announced the final rule requiring drinking water systems nationwide replace

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<v Speaker 10>lead pipes within.

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<v Speaker 12>Ten years, saving hundreds of thousands of mothers and infants

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<v Speaker 12>from low birth rates and children with lasting brain damage,

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<v Speaker 12>Protecting more than a thousand adults from premature death from

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<v Speaker 12>heart disease every single year because of.

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<v Speaker 10>Lead Speaking in Milwaukee, Biden says he's securing fifteen billion

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<v Speaker 10>dollars in funding through the Bipartisan Infrastructure Law for the work. Today,

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<v Speaker 10>the Supreme Court will hear oral arguments in the case

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<v Speaker 10>of Oklahoma death row inmate Richard Glossop, convicted in a

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<v Speaker 10>nineteen ninety seven murder. The state's attorney general and others

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<v Speaker 10>say new evidence shows prosecutorial misconduct at his trial, arguing

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<v Speaker 10>he should get a new one. The Supreme Court will

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<v Speaker 10>now consider whether the eight must carry out his execution.

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<v Speaker 10>Global News twenty four hours a day and whenever you

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<v Speaker 10>want it with Bloomberg News Now. I'm Michael Barr, and

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<v Speaker 10>this is Bloomberg Karen.

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<v Speaker 1>All right, Michael Barr, thank you time now for the

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<v Speaker 1>Bloomberg Sports Update, brought to you by Tri State Audie.

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<v Speaker 1>Here's John Stanshower. John, good morning, Good.

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<v Speaker 10>Morning, Karen.

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<v Speaker 13>This was a season where Mets ownership and management admitted

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<v Speaker 13>they weren't.

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<v Speaker 10>Really going for it.

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<v Speaker 13>They would try to compete and then spend money going

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<v Speaker 13>into twenty twenty five, and they began the season onh

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<v Speaker 13>one five or later eleven games under five hundred, and

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<v Speaker 13>yet here are the Mets a win today. They'll be

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<v Speaker 13>playing to win the Pennant. Mets and Phillies. Game three

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<v Speaker 13>in Cityfield, the Mets twice went over the wall in right.

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<v Speaker 2>First pitch on the way and high. They earn a

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<v Speaker 2>light field, pretty deep Castiana's back at the track at

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<v Speaker 2>the water stop.

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<v Speaker 13>He headed off.

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<v Speaker 4>Let's face sake, mom the second deck the Coca Cola corner.

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<v Speaker 4>Another opposite field hold run for Peter. All two to one.

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<v Speaker 4>Winker hits a high drive.

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<v Speaker 2>Right field toward the poll.

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<v Speaker 7>It is gone, second tech shot Jesse Winker.

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<v Speaker 13>The calls on whsq. Mets went on to win seven

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<v Speaker 13>to two, seven strong names from Sean and I, and

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<v Speaker 13>they leave the series to to one. Game four, also

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<v Speaker 13>a five o'clock start in San Diego. The Padres put

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<v Speaker 13>up six runs in the second inning. The Dodgers came

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<v Speaker 13>back with four in the third to make it six

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<v Speaker 13>to five. No scoring after that, and the Padres are

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<v Speaker 13>up two games to one. The Yankees look to go

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<v Speaker 13>up to one as they play Game three tonight in

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<v Speaker 13>Kansas City. The Jets came home from the loss in

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<v Speaker 13>London that dropped them to two and three. Coach Robert

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<v Speaker 13>Salam met the media as usual on Monday, and then

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<v Speaker 13>yesterday met with his coaches before a visit to owner

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<v Speaker 13>Woody Johnson, who fired him and Salah was escorted out

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<v Speaker 13>of the building, replaced by defensive cordator Jeff Ulbrich. Johnson's

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<v Speaker 13>made a ton of coaching changes, but this was his

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<v Speaker 13>first in season change and worth noting. Only once in

0:11:55.400 --> 0:11:57.559
<v Speaker 13>the last sixty two years as a team gone to

0:11:57.600 --> 0:12:01.640
<v Speaker 13>the playoffs after making it in season t WNBA Minnesota,

0:12:01.760 --> 0:12:04.800
<v Speaker 13>Connecticut eighty eight seventy seven. So it's the Links who

0:12:04.840 --> 0:12:07.520
<v Speaker 13>will face the Liberty and the Finals starting tomorrow in Brooklyn.

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<v Speaker 13>John stash Aware, Bloomberg Sports Canny.

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<v Speaker 1>Nathan all Right, John, thank you. The Bloomberg Sports Update

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<v Speaker 10>This is Bloomberg Daybreak. Good morning.

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<v Speaker 3>I'm Nathan Haygary could be one of the most significant

0:12:34.360 --> 0:12:37.520
<v Speaker 3>antitrust actions against a big tech company in decades. The

0:12:37.760 --> 0:12:40.959
<v Speaker 3>Justice Department is considering asking a federal judge to order

0:12:41.080 --> 0:12:44.439
<v Speaker 3>Google to sell off parts of its business. And from

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<v Speaker 3>where we're joined by Bloomberg News executive editor Peter Elstrom. Peter,

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<v Speaker 3>good morning. So what is it exactly that the Justice

0:12:50.800 --> 0:12:52.079
<v Speaker 3>Department is considering here?

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<v Speaker 14>So what we're seeing now is that the Justice Department

0:12:55.120 --> 0:12:59.319
<v Speaker 14>is proposing potential solutions to this anti trust case that

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<v Speaker 14>they have been waging against Google. Back in August, the

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<v Speaker 14>judge in this case, Emmitt Meta, ruled that Google indeed

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<v Speaker 14>did have a monopoly in search and it had abused

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<v Speaker 14>its power in the search business. And so the Justice

0:13:15.480 --> 0:13:18.720
<v Speaker 14>Department presented this thirty two page document where they laid

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<v Speaker 14>out a framework of potential solutions that could now be

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<v Speaker 14>used to address those concerns. They include some structural changes

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<v Speaker 14>and also some behavioral changes. Perhaps the most dramatic option

0:13:30.480 --> 0:13:33.839
<v Speaker 14>here is that they're proposing the judge should order a

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<v Speaker 14>breakup of Google.

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<v Speaker 3>That is certainly a dramatic possibility. I mean, it would

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<v Speaker 3>be a pretty significant development. One of the biggest sense

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<v Speaker 3>the effort to break up Microsoft.

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<v Speaker 14>Right right, of course, the effort to break up Microsoft

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<v Speaker 14>did not result in a breakup of Microsoft. It did

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<v Speaker 14>result in Microsoft having to pull back from some of

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<v Speaker 14>the potential acquisitions and investments that perhaps they would have done,

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<v Speaker 14>but at that time the US government was seeking to

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<v Speaker 14>set rate perhaps the operating system or the Windows the

0:14:04.120 --> 0:14:08.120
<v Speaker 14>Windows operating system, or the office franchise from Microsoft. In

0:14:08.240 --> 0:14:11.040
<v Speaker 14>this case, what the Justice Department is floating is perhaps

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<v Speaker 14>separating out some of the different businesses of Google that

0:14:14.840 --> 0:14:19.280
<v Speaker 14>it has been using to supplement that search business. Search

0:14:19.360 --> 0:14:22.160
<v Speaker 14>has always been the most profitable business that at Google

0:14:23.080 --> 0:14:26.680
<v Speaker 14>generates tremendous amounts of advertising profits for the company, but

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<v Speaker 14>it also uses some of its ancillary businesses to build

0:14:29.920 --> 0:14:33.200
<v Speaker 14>up search. That includes Chrome, the browser where people often

0:14:33.320 --> 0:14:35.680
<v Speaker 14>go to find different things. You can use that to

0:14:35.760 --> 0:14:38.960
<v Speaker 14>search directly. That can funnel people to search. You've also

0:14:39.040 --> 0:14:41.680
<v Speaker 14>got the Android operating system, which is the most popular

0:14:41.800 --> 0:14:47.560
<v Speaker 14>mobile operating system, that also often uses its technology to

0:14:47.640 --> 0:14:49.720
<v Speaker 14>direct people to Google Search. And then on top of that,

0:14:49.760 --> 0:14:52.960
<v Speaker 14>what we find out during the case is that Google

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<v Speaker 14>alphabet pays billions of dollars to different companies to use

0:14:56.440 --> 0:14:59.320
<v Speaker 14>Google Search, including Apple. Apple's one of the big beneficiaries

0:14:59.480 --> 0:15:02.960
<v Speaker 14>on iPhone get directed to Google Search too, And.

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<v Speaker 3>It seems like a lot of this pressure has really

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<v Speaker 3>ramped up with the rise of artificial intelligence alongside it,

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<v Speaker 3>and how that's improved and increased the capabilities of that

0:15:16.040 --> 0:15:19.720
<v Speaker 3>search function. How does artificial intelligence play into this anti

0:15:19.800 --> 0:15:20.480
<v Speaker 3>trust scrutiny.

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<v Speaker 14>I think Apple and AI has been a threat more

0:15:27.160 --> 0:15:32.080
<v Speaker 14>broadly to several different businesses, including Google's search business. There

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<v Speaker 14>was discussion shortly after open ai introduced chet GPT that

0:15:36.320 --> 0:15:38.920
<v Speaker 14>perhaps people wouldn't have to search anymore. Instead of going

0:15:38.960 --> 0:15:41.960
<v Speaker 14>to Google getting that list of potential links and then

0:15:42.000 --> 0:15:44.400
<v Speaker 14>clicking through them, you just go to shut gpt. You'd

0:15:44.400 --> 0:15:46.640
<v Speaker 14>ask a question, you get an answer instead of a

0:15:46.680 --> 0:15:49.120
<v Speaker 14>bunch of links. So that was clearly viewed as a

0:15:49.240 --> 0:15:53.160
<v Speaker 14>threat to Google's business. Since then, Google has accelerated its

0:15:53.160 --> 0:15:56.800
<v Speaker 14>own AI efforts to try to catch up to some

0:15:56.920 --> 0:15:59.280
<v Speaker 14>of the things that open ai had put into the market.

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<v Speaker 14>Google is very advanced, They had done a ton of

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<v Speaker 14>research and AI already, but they had him put some

0:16:04.240 --> 0:16:06.760
<v Speaker 14>of those services into the market at this point. Now

0:16:06.840 --> 0:16:09.880
<v Speaker 14>they're getting more aggressive through Gemini and some of their

0:16:09.960 --> 0:16:13.680
<v Speaker 14>other products and using AI. But that is one of

0:16:13.800 --> 0:16:16.800
<v Speaker 14>the big potential prizes in the future. And I think

0:16:16.920 --> 0:16:19.440
<v Speaker 14>one of the concerns that the Justice Department and FTC

0:16:19.680 --> 0:16:22.120
<v Speaker 14>also is that the big tech companies are going to

0:16:22.240 --> 0:16:27.120
<v Speaker 14>use their existing monopolies of their existing franchises to capitalize

0:16:27.200 --> 0:16:30.240
<v Speaker 14>on AI, which is really the big prize in the future.

0:16:30.680 --> 0:16:34.160
<v Speaker 3>So this report's just come out, these potential remedies. Is

0:16:34.200 --> 0:16:36.680
<v Speaker 3>there any way to tell at this point where the

0:16:36.840 --> 0:16:40.760
<v Speaker 3>judge might lean in terms of the kind of remedies

0:16:40.920 --> 0:16:42.640
<v Speaker 3>that he could seek in this case.

0:16:43.640 --> 0:16:49.560
<v Speaker 14>We really don't know that. What we got most recently

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<v Speaker 14>is this thirty two page document where the Justice Department

0:16:52.760 --> 0:16:55.520
<v Speaker 14>is laying out potential remedies that it sees in the case.

0:16:55.880 --> 0:16:59.560
<v Speaker 14>Google immediately weighed in. They said these were radical proposals,

0:17:00.040 --> 0:17:03.680
<v Speaker 14>they would have unintended consequences. At one point they said

0:17:03.680 --> 0:17:07.000
<v Speaker 14>that a breakup would actually break the company, which is

0:17:07.040 --> 0:17:09.080
<v Speaker 14>a bit surprising. And we have quite a few months

0:17:09.119 --> 0:17:11.320
<v Speaker 14>to go. There's going to be a hearing early next

0:17:11.440 --> 0:17:13.600
<v Speaker 14>year where lawyers on both sides are going to be

0:17:13.640 --> 0:17:16.399
<v Speaker 14>able to make their case in front of I'm at

0:17:16.480 --> 0:17:21.000
<v Speaker 14>meta the judge, and then the expected target for a

0:17:21.080 --> 0:17:25.000
<v Speaker 14>decision would be fairly late next year, roughly in August,

0:17:25.359 --> 0:17:27.080
<v Speaker 14>So there are many months. There's a lot of arguments

0:17:27.119 --> 0:17:28.840
<v Speaker 14>that are going to go into this. Again, if you

0:17:28.880 --> 0:17:33.840
<v Speaker 14>look at historical president Microsoft, ultimately they decided that behavioral

0:17:34.320 --> 0:17:36.920
<v Speaker 14>changes were more important than structural changes. That could be

0:17:37.000 --> 0:17:39.720
<v Speaker 14>the case here too. You know, Alternatively, they'd have to

0:17:39.760 --> 0:17:42.520
<v Speaker 14>figure out how you would separate what's a very integrated

0:17:42.560 --> 0:17:47.000
<v Speaker 14>company at this point and do it without causing unintended

0:17:47.040 --> 0:17:48.159
<v Speaker 14>harm to consumers.

0:17:48.480 --> 0:17:51.399
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