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Catherine Rampell

๐Ÿ‘ค Speaker
607 total appearances

Appearances Over Time

Podcast Appearances

The Bulwark Podcast
Catherine Rampell and Michael Steinberger: Trump Wants to Cook the Books

They had their big hit with Roomba.

The Bulwark Podcast
Catherine Rampell and Michael Steinberger: Trump Wants to Cook the Books

The company is called iRobot.

The Bulwark Podcast
Catherine Rampell and Michael Steinberger: Trump Wants to Cook the Books

They had their big hit with Roomba in the early 2000s.

The Bulwark Podcast
Catherine Rampell and Michael Steinberger: Trump Wants to Cook the Books

And there were all of these viral videos of cats and babies riding around on these little robots.

The Bulwark Podcast
Catherine Rampell and Michael Steinberger: Trump Wants to Cook the Books

By the 2020s, they were facing more intense competition.

The Bulwark Podcast
Catherine Rampell and Michael Steinberger: Trump Wants to Cook the Books

from Chinese vacuum makers, and they plan to sell themselves to Amazon for like $1.4 billion.

The Bulwark Podcast
Catherine Rampell and Michael Steinberger: Trump Wants to Cook the Books

And of course, the left was very upset about this because Amazon, big, bad company, they're not allowed to buy anything because big is bad.

The Bulwark Podcast
Catherine Rampell and Michael Steinberger: Trump Wants to Cook the Books

There's like this whole theory of the case on the left and the neo-Brandeisians.

The Bulwark Podcast
Catherine Rampell and Michael Steinberger: Trump Wants to Cook the Books

And there were all of these like crazy, almost conspiracy theories about, oh, well, Amazon's going to like have the map to your living room and that's going to be really bad.

The Bulwark Podcast
Catherine Rampell and Michael Steinberger: Trump Wants to Cook the Books

Oh, you're laughing, but it's seriously true.

The Bulwark Podcast
Catherine Rampell and Michael Steinberger: Trump Wants to Cook the Books

Like, you know, because they couldn't really come up with a traditional consumer welfare based argument for why it would be so bad of Amazon, which didn't already have a robot manufacturing.

The Bulwark Podcast
Catherine Rampell and Michael Steinberger: Trump Wants to Cook the Books

Yes, exactly.

The Bulwark Podcast
Catherine Rampell and Michael Steinberger: Trump Wants to Cook the Books

So the FTC in the United States wanted to take this down.

The Bulwark Podcast
Catherine Rampell and Michael Steinberger: Trump Wants to Cook the Books

They didn't really have the legal tools to do so.

The Bulwark Podcast
Catherine Rampell and Michael Steinberger: Trump Wants to Cook the Books

There's some evidence that they coordinated with their European counterparts who have a much broader remit.

The Bulwark Podcast
Catherine Rampell and Michael Steinberger: Trump Wants to Cook the Books

The Europeans basically blocked this merger.

The Bulwark Podcast
Catherine Rampell and Michael Steinberger: Trump Wants to Cook the Books

Meanwhile, iRobot was like, hey, guys, we're like maybe going to go out of business if this merger doesn't go through.

The Bulwark Podcast
Catherine Rampell and Michael Steinberger: Trump Wants to Cook the Books

Amazon ultimately abandoned it because it was clear that it was going to get blocked.

The Bulwark Podcast
Catherine Rampell and Michael Steinberger: Trump Wants to Cook the Books

You know, like I said, it would have been tough to win in U.S.

The Bulwark Podcast
Catherine Rampell and Michael Steinberger: Trump Wants to Cook the Books

courts, but in the EU, it works differently.