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Catherine Rampell

๐Ÿ‘ค Speaker
842 total appearances

Appearances Over Time

Podcast Appearances

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.

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

Then there was a whole investigation in the House about this coordination thing.

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

Did Lena Kahn, the FTC chair...

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

like illegally coordinate with the Europeans to do what she couldn't do under US law, whatever.

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

Then Trump comes in, tariffs away any hope of their survival because they do need inputs from abroad.

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

And now the Chinese own it.