![]() Those two can do things on their app stores that others can’t. There are no other competitors in that way. ![]() One is Apple, one is Amazon - kara swisher But when your company has a competitive advantage because of its market share - so in other words, there are two platforms for phones. And I think that they do a lot of good for American and American workers. I think that a lot of our innovation comes from having big companies. Well, let me back up one second and tell you, as a conservative, I don’t think big is bad. But talk to me about, from a legal perspective, why you think that is the case. Most people throw around the word “monopoly” in a way that doesn’t necessarily apply. You’re someone who understands these distinctions. So you used the term, “monopoly.” You’re a lawyer. Now, there are bad actors outside of monopolies, but I believe that these four companies got away with what they got away with because they are monopolies. And it’s just not the way we should be doing business in America. And then, they did the same thing with Yelp. There’s a company that produces music lyrics, and Google allegedly just kept copying those music lyrics. And so just the lying of, we’re interested in investing in your product, and then using that information to unfairly compete is - to my mind, it’s fraud. Amazon, for example, allegedly offered to invest in certain companies and receive proprietary information from those companies, and then went and duplicated their product. Was there one thing that bothered you? ken buck And I decided that this was a really worthwhile project to spend time on. And to have them just abused and cheated in the way that they were just offended me. They’re putting their products on Amazon, on Google. I was a prosecutor for 25 years, and the conduct of these companies was akin to the kind of white-collar crime that I was used to seeing, not the kind of business activity that one would expect to see from companies that are - these startups are actually clients. And when I listened to the testimony of these small startups and how they’ve been treated by these four monopolies that you listed, I was really shaken by it, I guess. And we conducted a series of hearings together last year, and one of them was in Boulder, Colorado. Well, David - Chairman Cicilline has been a great leader and really reached out in a bipartisan way, and I very much appreciated that. So talk a little bit about what brought you into big tech and antitrust and focusing in on these companies. ![]() And issue-wise, that screams energy and agriculture, not tech. You represent Colorado’s 4th Congressional District, which covers the eastern part of the state. ![]() So I wanted to get a sense of what brought you yourself here. So I wanted to talk to Buck about what will actually get passed, what the Facebook files and whistleblower revelations mean for the regulatory road ahead, and whether he’ll be able to bring along his fellow Republicans, some of whom think antitrust is just a euphemism for big government.Ĭongressman Buck, welcome to “Sway.” ken buck He teamed up with Democratic Congressman David Cicilline to introduce a package of antitrust legislation this summer, aimed at companies like Amazon, Apple, Facebook, and Google. He’s the ranking member of the House Antitrust Subcommittee. I’m Kara Swisher, and you’re listening to “Sway.” My guest today, Congressman Ken Buck, has been at the forefront of the Republican Party’s efforts to regulate Silicon Valley. ![]() When you walk in the room, do you have sway? kara swisher Transcript Why Republican Ken Buck Believes in Antitrust and Doesn’t Believe in the ‘Big Lie’ The congressman discusses the future of his party and why he’s teaming up with Democrats on a bipartisan effort that could break up big tech. ![]()
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