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Amy Klobuchar

๐Ÿ‘ค Speaker
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195 total appearances

Appearances Over Time

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What some of these major landlords are doing right now is they're giving all their data to the company that the competitors go to. Then that company goes through their data with algorithms and says, hey, why don't you both charge this rate? You would not ever under the law allow the two apartment owners to go and shake hands and say, let's both set our rents high. You would never let them do that.

What some of these major landlords are doing right now is they're giving all their data to the company that the competitors go to. Then that company goes through their data with algorithms and says, hey, why don't you both charge this rate? You would not ever under the law allow the two apartment owners to go and shake hands and say, let's both set our rents high. You would never let them do that.

That's against the law. It's against the antitrust laws. But what do we have now? We have high price, sophisticated price fixing. They let these algorithms go unchecked. with all those brologarks that were at the inauguration and all their buddies, if that continues, this is not going to be good for you.

That's against the law. It's against the antitrust laws. But what do we have now? We have high price, sophisticated price fixing. They let these algorithms go unchecked. with all those brologarks that were at the inauguration and all their buddies, if that continues, this is not going to be good for you.

That's against the law. It's against the antitrust laws. But what do we have now? We have high price, sophisticated price fixing. They let these algorithms go unchecked. with all those brologarks that were at the inauguration and all their buddies, if that continues, this is not going to be good for you.

So what this says is this is illegal, basically. And it's being sued out in court anyway. I think it is illegal, but we want to make it very clearly illegal that landlords cannot collude by putting all their data when they compete against each other in one company. And what the bill says is, yeah, you can use algorithms. We're not Luddites here.

So what this says is this is illegal, basically. And it's being sued out in court anyway. I think it is illegal, but we want to make it very clearly illegal that landlords cannot collude by putting all their data when they compete against each other in one company. And what the bill says is, yeah, you can use algorithms. We're not Luddites here.

So what this says is this is illegal, basically. And it's being sued out in court anyway. I think it is illegal, but we want to make it very clearly illegal that landlords cannot collude by putting all their data when they compete against each other in one company. And what the bill says is, yeah, you can use algorithms. We're not Luddites here.

However, you can't give your data to the same place that has your competitors' data in the same market. It undermines all competition in the rental market. And that is the worst thing for consumers. It's great for landlords. It's horrible for renters.

However, you can't give your data to the same place that has your competitors' data in the same market. It undermines all competition in the rental market. And that is the worst thing for consumers. It's great for landlords. It's horrible for renters.

However, you can't give your data to the same place that has your competitors' data in the same market. It undermines all competition in the rental market. And that is the worst thing for consumers. It's great for landlords. It's horrible for renters.

I'm laughing because I'm just I want you to picture back to the days of, you know, when the Senate, everyone rode horse and buggy there and or like they came in their trains once a month or something. OK, so that's when they did the antitrust laws. OK. In the late 18th, they didn't have algorithms.

I'm laughing because I'm just I want you to picture back to the days of, you know, when the Senate, everyone rode horse and buggy there and or like they came in their trains once a month or something. OK, so that's when they did the antitrust laws. OK. In the late 18th, they didn't have algorithms.

I'm laughing because I'm just I want you to picture back to the days of, you know, when the Senate, everyone rode horse and buggy there and or like they came in their trains once a month or something. OK, so that's when they did the antitrust laws. OK. In the late 18th, they didn't have algorithms.

And one of the frustrations on all of the tech rules in place, despite these incredible companies and what they've done for us, is that a lot of our laws are just not as sophisticated as those marketplaces. So you should make adjustments, right? Ticket prices. Let's get this Ticketmaster bill done. That was bipartisan. And also Senator Lee and I had a major hearing on Ticketmaster.

And one of the frustrations on all of the tech rules in place, despite these incredible companies and what they've done for us, is that a lot of our laws are just not as sophisticated as those marketplaces. So you should make adjustments, right? Ticket prices. Let's get this Ticketmaster bill done. That was bipartisan. And also Senator Lee and I had a major hearing on Ticketmaster.

And one of the frustrations on all of the tech rules in place, despite these incredible companies and what they've done for us, is that a lot of our laws are just not as sophisticated as those marketplaces. So you should make adjustments, right? Ticket prices. Let's get this Ticketmaster bill done. That was bipartisan. And also Senator Lee and I had a major hearing on Ticketmaster.

And that led, I believe, that evidence that we extracted from that hearing led in part to a major Justice Department case started during the Biden administration, can easily be finished in the Trump administration. And that's, you know, they've hired a pretty good person that they're putting in charge of antitrust. That's not true of a lot of the people they've hired.

And that led, I believe, that evidence that we extracted from that hearing led in part to a major Justice Department case started during the Biden administration, can easily be finished in the Trump administration. And that's, you know, they've hired a pretty good person that they're putting in charge of antitrust. That's not true of a lot of the people they've hired.

And that led, I believe, that evidence that we extracted from that hearing led in part to a major Justice Department case started during the Biden administration, can easily be finished in the Trump administration. And that's, you know, they've hired a pretty good person that they're putting in charge of antitrust. That's not true of a lot of the people they've hired.