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Second Request

66 episodes - English - Latest episode: 7 days ago - ★★★★★ - 21 ratings

Exploring Solutions to Monopoly Problems

Following forty years of laissez-faire antitrust enforcement and industry consolidation, the White House is considering a fundamental rethink of how to interpret, enforce, and rewrite antitrust law, and many questions remain unanswered for the antitrust community. 

On the heels of federal and state litigation against Google and Facebook, is Amazon next? Will the new administration put big agriculture, big banks, and big pharma in its crosshairs? Will the courts stop antitrust enforcers in their tracks? Will the Biden administration get cold feet?

Second Request provides in-depth discussions with antitrust experts about the answers to these questions and about proposed solutions to the biggest monopoly problems of our time. Backed by the investigative resources and intellectual rigor of The Capitol Forum, Executive Editor and host Teddy Downey examines the effects of the current concentrations of market power across a vast array of industry verticals as he and his guests analyze the potential responses from the federal government. Offering thoughtful conversations with analysts and decision makers, Second Request provides everyone from C-Suite executives to policymakers, and all those in-between, strategic antitrust insights at the intersection of law, policy, and markets.

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Episodes

Matthew Buck Explains How America’s Supply Chains Got Railroaded

February 17, 2022 10:00 - 37 minutes - 34.8 MB

Matthew Jinoo Buck is a fellow at the American Economic Liberties Project and a first-year student at Yale Law School. His article in the American Prospect, “How America’s Supply Chains Got Railroaded” tells the history of how deregulation and consolidation gave us a railroad industry that is now a weak link in our supply chain.  He also tells how  the industry is more dangerous for workers and less reliable for customers even as it produces outsized profits for investors.

Jeff Horwitz on The Facebook Files

February 10, 2022 10:00 - 45 minutes - 41.7 MB

Jeff Horwitz is a Wall Street Journal technology reporter who covers Facebook.  He is the lead reporter on the groundbreaking series of articles titled The Facebook Files.  The conversation covers myriad issues facing Facebook and we ask Jeff why, when facing choices between the public interest and growth on the platform, Mark Zuckerberg always chooses growth.

Evan Starr on The Economic Benefits of Banning Non-competes

February 03, 2022 10:00 - 40 minutes - 37 MB

Evan Starr, Associate Professor of Management & Organization at the Robert H. Smith School of Business at the University of Maryland, discusses the likely economic benefits of the FTC banning non-compete agreements, including a boost to wages and worker mobility.

Inflation, Monopoly, and Predictions for 2022 with Matt Stoller

January 20, 2022 10:00 - 41 minutes - 37.7 MB

Matt Stoller, Director of Research at the American Economic Liberties Project, discusses the debate around monopoly and inflation.  Matt also shares his predictions for the antimonopoly movement in 2022.

Luke Herrine: FTC Should Reject the Conventional Folklore Around its Unfairness Authority

December 23, 2021 10:00 - 59 minutes - 54.5 MB

Luke Herrine, author of “The Folklore of Unfairness.” Herrine’s article, published recently in the New York University Law Review, argues that conventional wisdom – which holds that the FTC in the 1970s pursued an expansive notion of its unfairness authority but failed spectacularly – “gets the law and the history wrong.” Instead, argues Herrine, the commission’s actions in the 1970s were quite popular, and the FTC Act’s ban on “unfair…acts and practices” is therefore “more potent ...

Amazon’s Toll Road with Stacy Mitchell, Co-director of the Institute for Local Self-Reliance

December 16, 2021 10:00 - 33 minutes - 31 MB

Stacy Mitchell is co-director of the Institute for Local Self-Reliance and directs its Independent Business Initiative, which produces research and designs policy to counter concentrated corporate power and strengthen local economies.  ILSR’s new report, Amazon’s Toll road, finds that “Amazon is exploiting its position as a gatekeeper to impose steep and growing fees on third-party sellers” and that “even as these exorbitant fees bankrupt sellers, they are generating huge profits f...

Jeff Hauser: Cracking Down on Monopolies is Winning Politics

December 09, 2021 10:00 - 48 minutes - 44.8 MB

Jeff Hauser is the founder and director of the Revolving Door Project, which is an influential organization that scrutinizes executive branch appointees to ensure they serve the public interest rather than large corporations’ interests.  The Revolving Door Project’s newest polling and analysis memo, “Corporate Crackdown” concludes that there is broad, bipartisan support for a President who is willing to stand up to entrenched corporate power and illegal corporate conduct.

The “No Collusion” Rule by Brendan Ballou, DOJ Trial Attorney

December 02, 2021 10:00 - 30 minutes - 27.9 MB

Brendan Ballou is a trial attorney at DOJ’s antitrust division and author of “The 'No Collusion' Rule,” published earlier this year in the Stanford Law & Policy Review. In that article, Ballou proposes that the FTC, under its unfair methods of competition authority, should pursue a “no collusion” rulemaking , which would seek to prevent companies from raising prices simply because their competitor has done so.

Barry Lynn, Executive Director of the Open Markets Institute

October 28, 2021 12:00 - 40 minutes - 36.8 MB

Barry Lynn has literally written the book on two of the hottest economic and policy topics right now—monopolies and supply chain fragility.  His book on monopoly is called Cornered: the new monopoly capitalism and the economics of destruction and his book on supply chains is called End of the Line.  On a previous podcast, former FTC Chair Bill Kovacic said that Barry Lynn’s work on launching the antimonopoly movement is “one of the most successful efforts to develop a new intellect...

The Honorable Bill Kovacic

September 30, 2021 20:57 - 46 minutes - 42.3 MB

The Honorable Bill Kovacic gives his outlook for antitrust enforcement in the Biden administration and distinguishes between antitrust Transformationalists and Traditionalists and their struggle for influence. He also discusses antitrust rulemaking, antitrust legislation, and Robinson-Patman enforcement.

Biden vs. Big Meat with Claire Kelloway

September 10, 2021 14:00 - 40 minutes - 36.9 MB

Teddy talks with Claire Kelloway, a senior reporter with the Open Markets Institute.  She’s also the primary writer for Food & Power, a website providing original reporting and resources on monopoly power in the food system.  Claire gives her outlook for antitrust enforcement in the meat industry during the Biden administration.

Claire Kelloway on Meat Industry Consolidation’s Impact on Workers and Citizens

September 10, 2021 14:00 - 40 minutes - 36.9 MB

Teddy talks with Claire Kelloway, a senior reporter with the Open Markets Institute. She’s also the primary writer for Food & Power, a website providing original reporting and resources on monopoly power in the food system.  Claire gives her outlook for antitrust enforcement in the meat industry during the Biden administration. miheGBWc0OwEliouw3ea

Seth Bloom’s Outlook for Antitrust Legislation

July 15, 2021 21:40 - 1 hour - 67.7 MB

Teddy chats with Seth Bloom, founder of Bloom Strategic Counsel and former General Counsel of the Senate Antitrust Subcommittee, to get his thoughts on which antitrust bills can pass Congress and get signed into law and which will be left on the cutting room floor.  Seth and Teddy also talk about new priorities at the FTC, which already-consummated mergers the FTC might investigate and try to break up, and other parts of the FTC’s agenda that are being overlooked.

Ron Knox says, “Break up Big Music”

July 01, 2021 11:16 - 48 minutes - 44 MB

Teddy chats with Ron Knox, senior researcher and writer at The Institute for Local Self-Reliance, about his recent article in Wired Magazine, Big Music Needs to Be Broken Up to Save the Industry. He tells stories about  why music is worse now than it was when the industry was more competitive,  how Sweet Jane Recordings is actually owned by a big conglomerate,  how independent record stores ended up with prescription cough syrup instead of indie records, how YouTube effectively ...

The Honorable William Baer

May 27, 2021 17:18 - 29 minutes - 27.3 MB

Teddy chats with Bill Baer about antitrust being at an inflection point, the consumer welfare test as "not even a useful construct anymore," antitrust rulemaking as a new tool in the enforcer toolbox, stepped up criminal antitrust enforcement, and a likely increase in focus on buyer power concerns from antitrust enforcers.

Second Request Trailer

May 12, 2021 20:04 - 4 minutes - 3.72 MB

Following forty years of laissez-faire antitrust enforcement and industry consolidation, the White House is considering a fundamental rethink of how to interpret, enforce, and rewrite antitrust law, and many questions remain unanswered for the antitrust community.   On the heels of federal and state litigation against Google and Facebook, is Amazon next?  Will the new administration put big agriculture, big banks, and big pharma in its crosshairs?  Will the courts stop antitrust en...