Decoder with Nilay Patel

Senator Amy Klobuchar takes on Apple with antitrust law

Apr 27, 2021
Senator Amy Klobuchar, a prominent advocate for antitrust reform and consumer protection, discusses her new book on monopolistic practices and the rise of tech giants. She reflects on recent hearings targeting Apple's App Store dominance and the urgent need for legislative change. Klobuchar emphasizes the bipartisan support for antitrust reform while navigating the complexities of regulating big tech. The conversation also touches on the impact of innovation on consumer rights and the future challenges of privacy in a rapidly evolving technological landscape.
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ANECDOTE

Match.com and Apple

  • Google threatened Match.com before the Senate antitrust hearing regarding their shareholder report.
  • Apple charges Spotify 30% for app store fees but not Uber, raising questions about their pricing practices.
INSIGHT

Antitrust History

  • Senator Klobuchar's book "Antitrust" covers antitrust history from the Boston Tea Party to Big Tech.
  • She argues antitrust enforcement is crucial for a functioning capitalist economy.
INSIGHT

Broad Legislation

  • Exclusionary conduct, predatory pricing, and mergers that stifle competition are antitrust concerns.
  • Senator Klobuchar advocates for broad legislation covering all sectors, not just tech, and suggests remedies like breaking up companies.
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