Speaker 1: An illegal alien from Guatemala charged with raping a child
Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
Speaker 1: accused of murdering a Texas man of Venezuelan charged with
Speaker 1: filming and selling child pornography in Michigan. These are just
Speaker 1: some of the heinous migrant criminals caught because of President
Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States
Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
Speaker 1: crossings are at the lowest levels ever recorded, and over
Speaker 1: one hundred thousand illegal aliens have been arrested. If you
Speaker 1: are here illegally, your next you will be fined nearly
Speaker 1: one thousand dollars a day, imprisoned, and deported. You will
Speaker 1: never return. But if you register using our CBP home
Speaker 1: app and leave now, you could be allowed to return legally.
Speaker 1: Do what's right. Leave now. Under President Trump, America's laws,
Speaker 1: border and families will be protected.
Speaker 2: Sponsored by the United States Department of Homeland Security.
Speaker 3: First and foremost, can you explain the basic principles of
Speaker 3: anti trust laws and why they are important to protecting
Speaker 3: our economic freedoms?
Speaker 4: For sure? So anti trust and it's related cousin the
Speaker 4: anti monopoly framework are really about the rules that companies
Speaker 4: have to abide by when they compete. So competition is good.
Speaker 4: It is the law of the land in this country.
Speaker 4: And we like competition because it basically means that companies
Speaker 4: have to compete to provide the best service. It keeps
Speaker 4: prices down. And what anti trust does is it prescribes
Speaker 4: some really simple, flexible rules so that you don't have monopolies, right,
Speaker 4: which is when one company controls, you know, the provision
Speaker 4: of a product or a service in the market, and
Speaker 4: when you don't have the undo accumulation of power, right,
Speaker 4: corporate power in a market. There are different ways that
Speaker 4: you can accumulate that power. Sometimes it's by mergers, right,
Speaker 4: And so anti trust is applied to mergers that are
Speaker 4: notified in the United States, typically only the biggest mergers.
Speaker 4: And the reason it's really important to understand anti trust
Speaker 4: for your audience, for every American to understand anti trust,
Speaker 4: is because it is so fundamental to our full participation
Speaker 4: in our democracy. And if I can say just a
Speaker 4: few words about what I mean about that, I think
Speaker 4: that black Americans have shed blood to give meaning to
Speaker 4: this fundamental proposition that all people are created people. Our
Speaker 4: forefathers have fought for social rights, for political rights, for example,
Speaker 4: the right to vote. But as I've thought about this
Speaker 4: work more and really gotten in the books and read
Speaker 4: a lot of the thought beforehand, what I realized is
Speaker 4: that so many civil rights leaders understood that social and
Speaker 4: political rights standing alone would not be sufficient to protect
Speaker 4: our full participation and our full citizenship in this country.
Speaker 4: That you really need economic liberty as that third plank
Speaker 4: to protect all of your other liberties. And there's really
Speaker 4: incredible scholarship and writing from WBDU boys, m Okay, Bayard Rusten,
Speaker 4: and others who really understood this. And so that's why
Speaker 4: I'm so pleased to be able to talk to all
Speaker 4: of you and your audience about why I think antitrust
Speaker 4: is good for the entire country, but in particular Black.
Speaker 5: Americans given the digital economy that we're in now, Like,
Speaker 5: how important do you think it is to have the
Speaker 5: anti trust laws and do you think some companies in
Speaker 5: the tech space are actually too big to fail?
Speaker 4: It's a great question. I think that let me take
Speaker 4: a step back about digital platforms and the big tech companies.
Speaker 4: So there you should know that the antitrust laws apply
Speaker 4: to the entire economy, healthcare, agriculture, financial services, labor markets,
Speaker 4: and everything in between, professional sports and education and so forth.
Speaker 4: But you know, in the last twenty years or so,
Speaker 4: recall that you know there was a two tiered recovery
Speaker 4: from the financial crisis. Some people lost a lot and
Speaker 4: never quite made up around some people lost a little bit,
Speaker 4: and maybe you're doing a little bit better. And there's
Speaker 4: a sense in this country for a lot of people
Speaker 4: that economic opportunity is not what it used to be.
Speaker 4: And the tech platforms are interesting because that sentiment that
Speaker 4: I just described actually is true regardless of who you are,
Speaker 4: your demographic or your political leanings. Right, so people on
Speaker 4: the left and the right are concerned about economic opportunity
Speaker 4: in this country. And for a lot of folks who
Speaker 4: are self styled conservatives, they're thinking about the tech platforms
Speaker 4: and the power that they have to censor people, the
Speaker 4: power that they have to deplatform people, the power to
Speaker 4: control what ideas even make it to the public. And
Speaker 4: in the case of Google, for example, which I can
Speaker 4: talk about because we filed monopolization cases against Google, one
Speaker 4: of which went to trial last year and where we
Speaker 4: look forward to closing arguments in the spring, and another
Speaker 4: one that's going to trial this year. And so I
Speaker 4: think that some companies are both big and do things
Speaker 4: that are against the law. And in the case of
Speaker 4: Google Search, that is a case about a company that
Speaker 4: has we'll say ninety plus percent share of all the
Speaker 4: Internet searches that are conducted every day in this country,
Speaker 4: and they entered into agreements with.
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Speaker 1: An illegal alien from Guatemala charged with raping a child
Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
Speaker 1: accused of murdering a Texas man of Venezuelan charged with
Speaker 1: filming and selling child pornography in Michigan. These are just
Speaker 1: some of the heinous migrant criminals caught because of President
Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States
Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
Speaker 1: crossings are at the lowest levels ever recorded, and over
Speaker 1: one hundred thousand illegal aliens have been arrested. If you
Speaker 1: are here illegally, your next you will be fined nearly
Speaker 1: one thousand dollars a day, imprisoned, and deported. You will
Speaker 1: never return. But if you register using our CBP home
Speaker 1: app and leave now, you could be allowed to return legally.
Speaker 1: Do what's right. Leave now. Under President Trump, America's laws,
Speaker 1: border and families will be protected.
Speaker 2: Sponsored by the United States Department of Homeland.
Speaker 4: Security, browser companies, device manufacturers including your phone, device manufacturers
Speaker 4: with wireless carriers and the like to make sure that
Speaker 4: they were the default search engine. And what's interesting about
Speaker 4: those digital platforms is that, like Google Search, is that
Speaker 4: the more people use Google Search, the better the product becomes.
Speaker 4: And it also deprives competitors of the opportunity to provide
Speaker 4: you a product and so digital market. This is a
Speaker 4: concept that people call network effects and such. But again,
Speaker 4: let's zoom out and talk about why that should matter
Speaker 4: to all people. You know, when you go and conduct
Speaker 4: a search, you might be looking at healthcare information, you
Speaker 4: might be thinking of reproductive information, you might be thinking
Speaker 4: about really intimate personal decisions about how you are going
Speaker 4: to live your life and how you're going to you
Speaker 4: exercise your rights as a consumer.
Speaker 3: And so.
Speaker 4: Having competition amongst search engines to give you the very
Speaker 4: best search results is very important. And we've seen interesting
Speaker 4: reporting about how, you know, concerns about how search results
Speaker 4: are delivered can actually vary information that people need, or worse,
Speaker 4: serve up very harmful information. And again, that affects the
Speaker 4: experience of citizenship in this country, and it's a way
Speaker 4: that all of us feel the effects and ramifications of
Speaker 4: corporate power in like very basic ways in our everyday life.
Speaker 7: Yeah, it's interesting when we hear anti trust laws, we
Speaker 7: usually again we hear Tech, we hear Google, we hear Mata,
Speaker 7: we hear Apple. Those companies always come into into the forefront.
Speaker 7: From a standpoint of the average day citizen, it's tough
Speaker 7: for us to understand it or have a care base
Speaker 7: about it because we're just so unaware. So it feels
Speaker 7: like big brother is being watched by another big brother.
Speaker 7: And then whatever the result is, we'll figure out how
Speaker 7: do we get more people involved in understanding just the
Speaker 7: ramifications of some of the things you're talking about on
Speaker 7: an everyday basis.
Speaker 4: So I will say that under the Biden Harris administration,
Speaker 4: and this leadership set at the Justice Department to include
Speaker 4: Attorney General Merrick Garland, the Assistant Attorney General in charge
Speaker 4: of the Any Trust Division, a guy named Jonathan Canter,
Speaker 4: and other very important figures including Lena Cohn, the chair
Speaker 4: of the FTC in others, there has been a whole
Speaker 4: of government approach to thinking about anti trust and competition issues.
Speaker 4: So way back in July twenty twenty one, the President
Speaker 4: signed an executive order where he said that it would
Speaker 4: be the policy of his administration to take into account
Speaker 4: competition and the benefits of competition policy and antitrust in
Speaker 4: every single agency. So every again, the the Department of Agriculture,
Speaker 4: the Department of Transportation, the Federal Communications Commission and more
Speaker 4: are all a part of this effort to make sure
Speaker 4: that they are taking into account competition principles in their
Speaker 4: everyday work for all of us at the Any Trust Division,
Speaker 4: or I have the distinct privilege of serving as the
Speaker 4: second highest ranking official and working with a staff of
Speaker 4: more than eight hundred people who are dedicated to faithfully
Speaker 4: serving the public and bringing the benefits of competition to
Speaker 4: everyday people. We're thinking about just how we talk to
Speaker 4: the public right. Anti trust for a long time was
Speaker 4: really technocratic. It was steeped and kind of murky economics.
Speaker 4: And that's really a shame, because as I've gone back
Speaker 4: and engaged with the history, it's clearer to me than
Speaker 4: ever that anti trust is for all of us. And so,
Speaker 4: for example, we are trying to make sure that we're
Speaker 4: using plain language in our complaints, our guidance documents, or
Speaker 4: making sure that we're not privileging a small few who
Speaker 4: already kind of know what's going on at the Anti
Speaker 4: Trust Division and down at the Federal Trade Commission, which
Speaker 4: is our sister agency, and that we're setting up access
Speaker 4: for everyday people to get the information that they need.
Speaker 4: And so we go out and talk to as many
Speaker 4: people as we possibly can. I'll give you just one example.
Speaker 4: We spoke to a group of farmers that we're coming
Speaker 4: to Washington for the day just to talk about how
Speaker 4: we think about competition and agriculture. And we're going out
Speaker 4: to colleges and universities, We're going out to conferences, We're
Speaker 4: talking to content creators. We're just talking to as many
Speaker 4: people as we possibly can because we feel so deeply
Speaker 4: that anti trust is for the people, and we as
Speaker 4: public servants, are obligated to protect every citizen in this country,
Speaker 4: regardless of whether you have power, whether you don't.
Speaker 1: An illegal alien from Guatemala charged with raping a child
Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
Speaker 1: accused of murdering a Texas man of Venezuelan charged with
Speaker 1: filming and selling child pornography in Michigan. These are just
Speaker 1: some of the heinous migrant criminals caught because of President
Speaker 1: Donald J. Trump's leadership. I'm Christy Noman, the United States
Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
Speaker 1: crossings are at the lowest levels ever recorded, and over
Speaker 1: one hundred thousand illegal aliens.
Speaker 2: Have been arrested.
Speaker 1: If you are here illegally, your next you will be fined.
Speaker 1: Nearly one thousand dollars a day. Imprisoned and deported, you
Speaker 1: will never return. But if you register using our CBP
Speaker 1: home app and leave now, you could be allowed to
Speaker 1: return legally. Do what's right. Leave now. Under President Trump
Speaker 1: America's laws, border and families will be protected.
Speaker 2: Sponsored by the United States Department of Homeland Security,