Government Power Checks Corporate Giants for Fair Markets - Episode Hero Image

Government Power Checks Corporate Giants for Fair Markets

Original Title:

Resources

Resources & Recommendations

Books

  • "The Robinson-Patman Act of 1936" - A law mentioned in the discussion about price discrimination and its historical context regarding the expansion of big chain stores.

People Mentioned

  • Zoran Mamdani - New York City Mayor-elect, whose transition team Lina Khan is co-chairing; his campaign focused on affordability and addressing the cost of living in New York City.
  • Bill Ackman - A New York billionaire mentioned for his opposition to Mamdani's campaign.
  • Michael Bloomberg - Former New York City Mayor, mentioned for contributing a significant amount of money to oppose Mamdani's campaign.
  • Kathy Hochul (Governor of New York) - Mentioned for signing new bills into law, including one to prevent algorithmic price fixing by landlords and junk fees.
  • Mickey Sherrill (Governor-elect) - Mentioned for discussing price caps on utility rates, citing rising electricity bills in New Jersey.
  • John Lindsay (Former New York City Mayor) - Referenced as a "people's mayor" from the 60s and early 70s, who faced challenges with basic city functions like trash collection.
  • Elon Musk - Mentioned in the context of innovation and the argument that large pay packages are necessary to incentivize electric car development.
  • Donald Trump - Referenced regarding his administration's approach to AI companies (granting "amnesty" from regulation) and his past interactions with Jeffrey Epstein.
  • Jeffrey Epstein - Mentioned in relation to emails with Donald Trump and the ongoing public interest in his activities.
  • Rupert Murdoch - Mentioned in a hypothetical scenario where Donald Trump might sue him.
  • Hunter Biden - Mentioned in a hypothetical comparison to Donald Trump's actions.
  • Marjorie Taylor Greene - A congresswoman discussed for her "rebrand" and potential presidential ambitions, as well as her past comments on "Jewish space lasers."
  • Nancy Mace - A congresswoman mentioned in comparison to Marjorie Taylor Greene's political trajectory.
  • Whoopi Goldberg - Mentioned as a host on "The View" during a discussion about Marjorie Taylor Greene.

Organizations & Institutions

  • Federal Trade Commission (FTC) - Lina Khan's former role as chair involved enforcing anti-trust and consumer protection laws at the federal level.
  • Columbia University - Where Lina Khan was teaching before joining the mayoral transition team.
  • Department of Consumer and Worker Protection (DCWP) - A New York City department mentioned as a tool the mayor can use to enforce consumer and worker protection laws.
  • Walmart - Referenced as a large chain store that often receives lower wholesale prices than small businesses.
  • Costco - Referenced as a large chain store that often receives lower wholesale prices than small businesses.
  • Sanofi - A big pharma company mentioned in a merger review regarding a drug for Pompe disease.
  • Maze - An upstart company that developed a new oral drug for Pompe disease, which Sanofi attempted to acquire.
  • Nvidia - A company mentioned in the context of its chips and Trump's alleged demand for a cut of their exports.
  • Intel - A company mentioned in the context of Trump's alleged demand for a percentage of the company.
  • The European Union - Mentioned as being "ahead of the game" in regulating algorithms and social media.
  • SEC (Securities and Exchange Commission) - Mentioned as a government agency that faces resource disadvantages compared to corporate entities.
  • U.S. Steel - Mentioned as a company where the Trump administration allegedly demanded a "golden share" in a deal.
  • Warner Brothers - Mentioned as a company that Skydance Media reportedly wants to acquire.
  • Skydance Media - Mentioned as a company that recently acquired CBS and Comedy Central, and is reportedly interested in acquiring Warner Brothers.

Laws & Policies

  • Robinson-Patman Act of 1936/37 - A federal law that outlawed certain types of price discrimination.
  • Glass-Steagall Act - A historical law mentioned in the context of separating banking and commerce, preventing conflicts of interest.
  • Affordable Care Act (ACA) - Discussed as a past government intervention in healthcare, with opinions on its effectiveness and unintended consequences.

Other Resources

  • Direct File - A government-owned service for filing taxes, mentioned as a successful public option that was later shut down.

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This content is a personally curated review and synopsis derived from the original podcast episode.