Breaking Down the Google Monopoly Ruling - ft. Rebecca Allensworth | Prof G Markets

[@highflite1]

I love that Scott lets Ed take control of the conversations with the guests at the beginning, it gives him a warranted opportunity to shine. I also love how Scott doesn't hold back in roasting him and also takes the digs from Ed 😂. Scott knows Ed is gonna be a baller some day n I love to see it. As a fellow youngin, I'll be following your journey bro @EdElson

[@highflite1]

Yea I definitely glazed Ed but he deserves it. I wouldn't have found him if it weren't for Scott, so there's my Scott glaze.

[@Aortadetroit]

Professor Allensworth was just exceptional. I had no idea who she was till now. Great catch gentlemen! That was excellent.

[@softMediaWox]

Love this Conversation. Prof Allensworth is brilliant.

[@ehlava7331]

As a normal joe ABNB user, we gave up on them a few years ago. Wild inconsistency to outright scams, not a deal anymore, fee'd to death, etc. There is a reason scott is at a hotel right now and not ABNB.

[@xKarenWalkerx]

Those digs at Vance had me on the floor laughing. He really does look like a guy that would play him on SNL. And he definitely looks like his face is stung by a bee. Eyeliner and tanning beds...This is the presidential race in 2024 😮💅🏻🤦🏻‍♂️😭

[@andreinedelcu5330]

Very well articulated arguments, I am now more convinced about what did Google in. The exclusivity they demanded in exchange for their money. However there is a strong point that was not discussed, which is that in the EU there is a remedy for the "defaults" and still Google has 90% of the search market.

[@tedtalksrock]

2:17 “I still find it funny…because you pay me to laugh at your jokes”

[@lovethemountains]

He didn't actually say that.

[@chrisjeanneret5091]

How much of anti-trust is psychological, to get companies to change? What I find annoying is when these huge companies pretend like they are still startups and could be out of business tomorrow if some magical competitor (which they vigorously suppress) pops up.

[@963seeker]

They are going after Google, Apple, Microsoft, and Amazon but what about Visa and Mastercard? they have been the biggest monopolies in the payments rails sector for decades.

[@adrianr87]

Air BNB is why so many cities have so few apartments available for locals.

[@Bryanbkk]

14:14 green/blue bubble is the strongest Anti-Apple argument?

[@stevechance150]

I believe it's called "guyliner".

[@jannichi6431]

It would be fine liner, if not for his "weird" closeted Radical stance on YOUR bedroom and relationships. Hypocrite. Grump has to have men around him who are weaker which means easily compromised by secrets. Vance was vetted VERY well. ❤️‍🩹

[@xKarenWalkerx]

It's called being a hypocrite about gay/childless people when you're the one putting your face on on the daily...💅🏻😭

[@neversimon]

"Under the Influence" is a fantastic marketing podcast.

[@avagreysonproductions9116]

Inside Out 2 is the only movie in theaters at all! And the weather’s been crazy everywhere. It’s summer and the kids needed something to do. That was the only option.

[@TheBigCheezeIt]

This was a great video from all 3 speakers

[@FinanceCobra]

Totally agree with Scott. Never heard Rebecca speak before but she was super impressive.

[@freshofftheplane]

No harm done to the consumers.. so because you can't quantify it, you just reject the whole notion of consumer harm. This won't stand muster in supreme court.

[@lqpbq]

I think Kamala at some point should find an excuse to say that she loves JD Vance's eyeliner.

[@sethjones8759]

She appreciates his confidence to be himself.

[@dshephardcomposer]

Like Hannibal Lecter said to Senator Martin, "Love your suit."

[@jannichi6431]

And the blonde wig! Skirt 👙

[@maxborges123]

This is so childish. It just proves you have no real issue with JD Vance. Like many libs, it’s all emotional hatred of Trump.

[@PaulHobus]

Prof. Allensworth was great! 10/10

[@neversimon]

Wow, Professor Allensworth was _awesome_!

[@cathyweiss5347]

Hear hear Scott!! Rebecca IS AMAZING.

[@dlerman66]

Scott's in a good mood in this episode 😂

[@ishan1920]

NOTES: 1. A lot of positive share price increase can be attributed to, "the company reduced expenses, while maintaining growth." 2. The anti-trust lawsuit win against Google is more psychological than practical. The victory will compel other tech companies to wake up and rethink their monopoly practices. 3. A surprising fact is the pending anti-trust lawsuit against Apple being around interoperability and not the app store. 4. The criteria for a monopoly is two-fold in the US: having a monopoly and spending resources to maintain it. The consumer welfare standard, as Rebecca sees it, is not well defined. 5. Should it be about pricing or lack of market competitiveness?

[@funkymunky]

Starts at 23:37.

[@grumpymike6203]

I got a letter in the mail once that said I won the Publishers Clearinghouse award. They lied too.

[@tombesson7293]

Here's a joke to start your show: J.D. Vance walks into a furniture store and asks about a sexual couch. The sales rep says, "Don't you mean a sectional couch?" "No, a sexual couch," says J.D. "My decorator says I need one for an occasional piece."

[@jannichi6431]

Thought Amy Klibuchar in her book broke down Anti-Trust well. Professor Allensworth, Vanderbuilt made the 5 year case comprehendable. Still wondering about the 'routes' and algorithms to the App? Zuckerberg (couple of weeks ago) described future profits well regarding AGI, LLM,(LLaMA) or whatever we are calling 3 to 4.

[@markmcgrath5487]

Ironic that Professor Allensworth has a Monopoly on Outstanding Professor Award - needs to investigate herself. When Prof G said "outstanding" he voiced what I was thinking!

[@vhgfhfghj]

As more cities are forced to respond to citizens fed up with over-tourism, AirBnB will rightly suffer. Can't disagree more about "best brand in hositality".

[@guru47pi]

Elon musk to advertisers November 2023: 'Go fuck yourselves.' Elon musk last week: 'why aren't you paying me anymore? I'll sue!'

[@andrewincavo3893]

BRAVE BROWSER good god

[@GregCurtin45]

Thank you Professor Allensworth for your contribution. Those who can do... teach!

[@xKarenWalkerx]

Can't do

[@nicholasporter8606]

I got the Aristotle ref. Still got it Prof.

[@sethjones8759]

Air bnb is something I'm trying to avoid now. There are too many negative experiences via these individual renters. I will prioritize commercial hotels and rentals.

[@stephenmcinerney9457]

Surely Airbnb is the *ultimate* enforcement target for eliminating junk fees and non-transparency in pricing?

[@llundber]

@@stephenmcinerney9457what does that even mean?

[@rehennodrog6973]

I literally had to keep myself from gagging at the idea that all of Meta and Google's products are universally beloved by all. Of course monopoly owners would say that, but who actually LOVES Google search or Instagram at this point?

[@bibbidi_bobbidi_bacons]

She’s great wow! Intelligence doesn’t come easy for many but clearly did for her

[@donutrock2132]

I also went to see Inside Out 2 with my wife. I feel you Ed.

[@RyanCalavano]

From my experience and talk amongst friends and fam, air bnb is way to expensive now w cleaning fees and what not.

[@patrickspellman8758]

Old bald guy makes fun of looks? Glass houses anyone?

[@tedtalksrock]

Get our girl Kyla Scranton back on! She should be a regular!

[@swphilosophy3040]

Bad Airbnb take. Last quarter was bad, just neither of them bothered to read it properly.

[@davidtothemax1]

Wallsteet panic'd today 😑

[@llundber]

You guys gotta be real. Shopify’s been cutting staff regularly. No recession? - bs.

[@SirJasperofOZ]

If a choice screen is adopted on Apple as a remedy, and Google is the first choice on the screen, then I think it will maintain 90%+ market share... People are lazy in their selections...

[@xzcvdfxzc7256]

Vance probably wears the eyeliner because his sugar daddy Peter Thiel likes it

[@jannichi6431]

Fine liner as long as there's no deception. Vance walked on stage and said "She's wonderful. I'm going to be in trouble tonight".

[@Kaodusanya]

Scott trying to spit game at the end of

[@anthonymaduska5483]

Hostage video... LOL IRL!!! Couldn't happen to a better company. CounterSocial!

[@Mr.Eeeeeeeee]

AirBnB and Disney are letting us know that travel will go down. The pent up demand took 4+ years to unwind. The way Google’s suit will impact big tech is that they will be more careful moving forward. Plus I feel that the SC will rule in favor of big tech when push comes to shove. Elon’s peak was right before he bought Twitter. Everything has been going down for him since. My guess is things will get worse as desperation sets in and he continues to make poor choices that impact his businesses. This ends with Tesla buying Twitter and making all shareholders bag holders.

[@daneleceng]

And I’ll stop listening to this leftist podcast Enough of the bs stick to content

[@telluwide5553]

Airbnb has issues as a business. Just like Starbucks, every consumer who has used these products sees their issues as clear as day. But why is it that people like Scott, CNBC, Bloomberg, etc, don't? One phrase, "out of touch"... Scott is a big fan of Airbnb, yet, always brags about staying in hotels....

[@c.p.267]

That X lawsuit should be immediately thrown out and Musk (or in this case X) should be fined for this frivolous lawsuit BS

[@mgkeleher]

I don't have a twitter account, am I going to get sued for not having one?

[@patrickspellman8758]

The musk hate is so out of touch, especially any claims he “sunk” Twitter, which has never had more revenue or users

[@LanceWinder]

Best lead in joke in a while

[@jtrealfunny]

The Yaquerino video is jaw dropping. Up is down, black is white and money is the only compass.

[@jannichi6431]

Has she ever appeared sober? The EYES👁️ At least Elon used to only have his moments. 🎉

[@jtrealfunny]

@@jannichi6431 wouldn't know but I found it scary, interesting times!

[@pstolee]

you guys should try to invite Lina M. Khan one day.

[@MarcoBonechi]

Who wants to get Airbnb and cook in vacation?

[@SergioEmanuels]

What is Elon Musk's goal with this suit? If he somehow wins, does he think that the companies are now forced to advertise on X? Or will they be even more distant to do so?

[@avagreysonproductions9116]

Everyone has a screenplay.

[@paxdriver]

How does twitter attract new advertisers if they're suing other advertisers for not giving twitter more money? Elon lawyers give horrible advice, or maybe I'm the idiot...

[@Greg-om2hb]

I understand it.

[@kokosleon8172]

the younger dude made some 'high conviction' calls that i doubt will age well

[@gavinertl7363]

Fundrise must’ve gone out of business sponsoring this show

[@asafprivman]

A few inaccurate bits by Ed: "Revenue decreased by 83% to 100 million per quarter.. by NY times". That's not true, quoting the article: "In the second quarter of this year, X earned $114 million in revenue in the United States". That's the US only, based on past reports, revenue outside of the US was equal to the revenue in the US. So the rest of the world could be anywhere from 100 million to 700 million for Q2. Also taking into account the company reduced its working force by 80-85% that could mean the company isn't going out of business. But it's always fun seeing you hate on Musk 😊

[@jannichi6431]

Jackie O. Youngsters.know JFK. Enjoy Rodeo...Drive. Unfortunately, they have to to know the RFK, jr. Bear story too. 🤪

[@Alex-v4h9z]

Criticizing Vp’s looks? Have you seen yourself in a mirror? 😂

[@zadaro]

Its too easy to opine on politics. Please keep it out of this podcast. Its getting old.. It was refreshing to just learn about business, stocks, and such. Would love more detailed deep dives into big amd small companies fundamentals.

[@jeremiahwasabullfrog1]

Big Trump Derangement Syndrome with this one. Scott, clear your head please.

[@tedtalksrock]

At least he’s not an insufferable Trump-fluffer! 😂

[@CuriousCrow-mp4cx]

Aw, Feeling a little kitty bitty hurt? MAGA-W is in the House, clinging to victimhood for dear life.

[@patrickspellman8758]

He’s had 5 shows on CNN, hard to imagine any balanced takes

[@tkfort]

Love your insight Scott but doesn’t it seem hypocritical to make fun of JD for wearing make up

[@CuriousCrow-mp4cx]

MAGA is now officially woke. MAGA-W club in da house.

[@jeremiahwasabullfrog1]

Make fun of Kamala next. Right?

[@tedtalksrock]

Not allowed. 🚫 Queen Kamela. All bow.

[@CuriousCrow-mp4cx]

You do realise your comment tells us far much more about you than anything else, right? You are now so woke you're looking for equality in being roasted. Next, you'll ask for equity in being roasted, without knowing the difference between the two. You are now officially a member of the Woke Club. No Prager-U, just MAGA-W.

[@patrickspellman8758]

But that would ruin Scott’s chances for a 6th CNN show????????????

[@alexk729]

So Musk is allowed to say “Delete Facebook” but can’t handle losing advertisers on X 😂

[@maxborges123]

JD Vance wears eyeliner? That’s all you got? This is the kind of BS that makes me want to vote for Trump. You’re very silly Scott. Not in a good way. I like your jokes though.

[@vincentchow6448]

Markets are forward looking, they absolutely did price in the expected effect of the Google lawsuit loss. I don’t think the guest has much experience when it comes to business.

[@neversimon]

Something that they repeatedly acknowledged, try pay attention to what they're saying.

[@vincentchow6448]

​@@neversimon they specifically said that they didn't think that the market would price in an event that might happen 2 years in the future, hence why she didn't think it was priced in. Did you listen to the podcast? 31:05 is the timestamp

[@neversimon]

@@vincentchow6448 yes, and before being asked to speculate she prefaced it by saying that's not her expertise.

[@Tejas2148]

This guys politics are awful good god

[@dandeclerck6742]

Way to go, Elon.. sue your customers! it's a fabulous way to generate sales.. NOT!

[@brooksbird977]

come on Scott...that's easy fruit my man

[@CuriousCrow-mp4cx]

And you don't buy yours at the store?

[@JayEs31]

Scott is so angry…sad

[@humphreybradley3060]

You’re projecting son!

[@CuriousCrow-mp4cx]

Stop projecting your wokery on others. If u you're butt hurt, use Preparation H

[@JayEs31]

@@humphreybradley3060 be clueless. Scott is seething with rage....