Jonathan Kanter

Is, is that, is that still in use? Is that true?

Yeah, so at the end of the Biden administration, um, Jonathan Kanter, who was the head of the Antitrust Division, brought an algorithmic price-fixing case against RealPage.

And say what RealPage is and, and what it does.

Yeah, so RealPage is a real estate tech company.

That's Lina Khan.

That's Jonathan Kanter.

Exactly, all of the antitrust apparatus, the, the f- uh, uh, uh, financial, uh, uh, the DOJ and the FTC.

Um, and we saw this on the labor side with Bernie Sanders.

We'll ask David Zervos if that will push long-term rates up or down and what the fallout might be.

Plus, do AI labs need antitrust immunity if they want to act together to slow down? We'll talk to former DOJ official Jonathan Kanter about that.

And it's not just the number of points that is soaring so far this NFL season, the amount of bets in prediction markets is also almost doubling from a year ago.

J.B. Mackenzie of Robinhood is here with that story.

Coming up, an exclusive interview with Morgan Stanley's co-president Dan Simkowitz.

We'll get his take on the looming IPOs of Anthropic and maybe OpenAI.

Plus, Meta may have settled its social media addiction case, but its copyright challenges are still ongoing, and former assistant AG for antitrust Jonathan Kanter says that should be a wake-up call for Congress.

He'll join us to explain after this.

He also put in place an executive order mandating anti-monopoly across lots of different government agencies.

He appointed Jonathan Kanter to head the Department of Justice Antitrust Division.

So suddenly, like boom, there's...

It was like the complete radicals were put in charge of antitrust.

Amazon shares are down nearly 5% since the news broke.

Joining us to discuss this case, we're speaking with our favorite antitrust expert, Jonathan Kanter, former assistant attorney general for the Antitrust Division of the US Department of Justice.

Jonathan, thank you for joining us.

FTC is bringing a case against Amazon.

So Ticketmaster and Live Nation did all that lobbying but ended up losing the case anyway because the state AGs had the, um, wherewithal to continue.

[laughs] It's unbelievable.

Jonathan Kanter is former assistant attorney general for the Antitrust Division of the US Department of Justice.

Jonathan, always appreciate your time.

Meta is in focus this morning as the company settles its social media addiction trial with California, dozens of other states.

Former assistant AG Jonathan Kanter is gonna weigh in on that breaking news.

It is NVIDIA day, and we're just a few hours away from the results that might set the tone for the entire market.

We'll ask an analyst what to expect from that report.

We need an industry-wide solution.

We therefore call on our industry peers, TikTok and YouTube, to implement this new framework right away." Stock did initially jump on that news before pulling back.

And joining us on the phone this morning is former Assistant Attorney General Jonathan Kanter.

Uh, Jonathan, it's great to have you.

So another thing I has, uh, that's interesting about this to me is the, uh, sort of, you know, the, um, uh, the right-wing triumph in antitrust, uh, the 1970... late 1970s, 1980s, uh, that really continues through the present.

Um, you know, there was a, um, interesting moment under the Biden administration, you know, with Jonathan Kanter at the Department of Justice, and Lina Khan, Elhure Vedoya, and, uh, and Rebecca Kelly Slaughter at the Federal Trade Commission, uh, that, uh, tried to undo some of that, uh, some of that ideology.

Uh, but the i- but the, the Chicago School, um, had a very, um, uh, uh, put it this way.

Th- the genius to it, because for judges it was a very simple prescription.