Odd Lots DOJ's Jonathan Kanter on the Bidenomics Approach to Antitrust
15 snips
Jul 31, 2023 
Jonathan Kanter, the Assistant Attorney General for the Antitrust Division at the DOJ, dives into the role of antitrust enforcement in Bidenomics. He discusses how increased competition can enhance working conditions and innovation. The conversation explores challenges in assessing competition, especially in banking and tech sectors impacted by AI. Kanter also highlights efforts between the DOJ and FTC to refine antitrust strategies, ensuring a fair market landscape amid evolving economic dynamics.
AI Snips
Chapters
Transcript
Episode notes
Modern Antitrust in 2023
- Modern antitrust focuses on promoting competition to empower workers and consumers.
- It aims to prevent monopolies and increase opportunities for businesses to compete on merit.
Antitrust Law and Awareness
- Antitrust law hasn't fundamentally changed; the laws remain the same.
- However, there's greater awareness now of the need for competition due to experiences with monopoly choke points.
Increased Awareness of Antitrust
- There is not a fundamental change in the law itself, but rather a change in awareness surrounding antitrust.
- People now better understand why competition matters in various aspects of their lives.