#52 Regulating AI, Ep. 4: South Korea
Trust and Trade
How is South Korea reshaping AI regulation? In this episode, D&A's Yaera Jeon joins hosts Anant Raut, Rory Macmillan, and Nina Jayne Carroll to unpack South Korea's new AI Framework Act, the first comprehensive national AI regulation in Asia. They talk about its competing policy goals, broad extraterritorial reach, and compliance obligations for high-impact AI systems. They also discuss the government's recent guidance on the Act and whether it weakens the impact of the new regulations. With special guest: Yaera Jeon, Partner, D&A LLC Hosted by: Anant Raut, Rory Macmillan, and Nina...
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#51 What Makes a Price Illegal?
Trust and Trade
What makes the price charged by a digital platform illegal? Host Anant Raut talks to antitrust economists Tasneem Chipty and Michael Katz about the legality of high and low prices, cross-platform network effects, and contentious practices like predatory pricing and bundled discounts. Learn how antitrust law looks at MFNs, "free" online services, and two-sided markets in this spellbinding episode! With special guests: Dr. Tasneem Chipty, Founder, Chipty Economics LLC and Dr. Michael Katz, Professor Emeritus, Haas School of Business University of California Berkeley Hosted by: Anant Raut
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#50 Are IP Remedies in Big Tech Cases Going Too Far?
Trust and Trade
Should Big Tech companies be required to open up their intellectual property when they break the antitrust laws? In this episode of Trust and Trade, experts debate whether requiring Apple to open up its app store restrictions, or Google to license its search data and divest Android, reduce incentives to innovate or are necessary to restore competitive balance. DuckDuckGo’s Joe Jerome and economist Keith Waehrer join host Anant Raut and co-host Jennifer Dixton to talk about how far is too far and what’s at stake for digital markets. With special guests: Joe Jerome, Senior Public Policy...
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#49 Regulating AI, Ep. 3: Brazil
Trust and Trade
How is Brazil shaping AI regulation in the Global South? Our latest episode explores the Brazil AI Act, which if passed would become the first comprehensive federal AI regulation in the world to require AI companies to pay creators for using their work to train their systems. Pinheiro Neto Advogados's Raphael de Cunto joins host Anant Raut and co-hosts Rory Macmillan and Nina Jayne Carroll for a conversation on how Brazil’s approach could create a blueprint for global AI regulation, and its implications for innovation and enforcement. With special guest: Raphael de Cunto, Partner, Pinheiro...
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#48 Regulating AI, Ep. 2: The EU
Trust and Trade
How will the "Brussels effect" shape AI regulation across the rest of the globe? Europe is once again the first to regulate a new digital market, with the adoption of the AI Act. But was it passed too hastily? N-Square's Caroline De Cock joins host Anant Raut and guest co-hosts Rory Macmillan and Nina Jayne Carroll to discuss what we know the AI Act requires, what remains ambiguous, and the parts that EU enforcers have already begun to reconsider. If you're a practitioner advising clients, or a policymaker considering AI regulation of your own, this episode is truly a must-listen! With special...
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#47 Regulating AI
Trust and Trade
How are different countries shaping the future of AI? We start a brand-new series on Trust and Trade examining different regulatory approaches to artificial intelligence around the world. In this kickoff episode, experts Viktor Mayer-Schönberger and Anu Bradford debate strong vs light regulatory approaches to AI and explain "the Brussels effect." Will regulating too much/too soon quash innovation? Will regulating too lightly/too late open Pandora's Box? Join this lively conversation hosted by Anant Raut and guest co-hosts Rory Macmillan and Nina Jayne Carroll! With special guests: Anu...
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#46 Did the Quick Look Test Switch Teams?
Trust and Trade
Can defendants now wield the “quick look” test to beat antitrust claims? In this episode of Trust and Trade, experts unpack the meaning of Justice Gorsuch's language in the Supreme Court’s Alston decision, and debate whether “quick look condemnation” is a game-changer or just rare dicta. Tune in for real-world insights and lively discussion featuring former FTC Commissioner Terry Calvani and Jones Day's Larissa Bergin, moderated by host Anant Raut and guest co-host University of South Carolina School of Law's Prof. Travis Wheeler! With special guests: Hon. Terry Calvani, former...
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#45 Deals Down Under: Foreign Investment in Australia
Trust and Trade
Thinking about investing in Australia? This episode of Trust and Trade dives into Australia's sweeping new merger control reforms and their impact on foreign investment. Antitrust partner Kirsten Webb and Department of Treasury's (AUS) Annalisa Heger break down the changes, from mandatory filings to faster reviews, and how they interact with existing foreign investment controls. Stay ahead of the curve and learn what these updates mean for global investors! With special guests: Kirsten Webb, Partner, Clayton Utz and Annalisa Heger, Senior Adviser, Department of the Treasury (AUS) Hosted...
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#44 Space Antitrust
Trust and Trade
Can antitrust law keep up with the rapidly evolving space industry? This episode of Trust and Trade examines the challenges in maintaining a level playing field in space travel, satellite launches, and deep-space exploration. Space law expert Maria Rhimbassen and antitrust expert Dylan Carson join Anant Raut and co-host Amanda Norton to discuss government intervention, market monopolization, and the legal gaps in space regulation. Can we rely on the free market to preserve competition in space? Or is the race to become an interstellar species winner-take-all? With special guests: Maria...
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#43 DeepSeek, and App-Level Competition in AI
Trust and Trade
Has the entrance of DeepSeek completely disrupted competition in AI? App developer Scott Weiner and antitrust expert Elyse Dorsey discuss the concentration concerns at every level of the AI stack. Later we examine whether the emergence of DeepSeek, a Chinese AI startup, completely changes how we think about what is needed to compete at the app level in AI. We conclude by looking ahead to where the AI app market may be a year from now. With special guests: Scott Weiner, AI Lead and Fractional Chief Technology Officer, NeuEon and Elyse Dorsey, Partner, Kirkland & Ellis LLP Hosted by:...
info_outlineIn this episode of Trust and Trade, Dr. Elizabeth Wang, Executive VP of economic consulting firm Compass Lexecon, explains how antitrust enforcers use the Gross Upward Pricing Pressure Index (GUPPI) analysis to determine whether to stop a merger. Dr. Wang walks listeners through what the GUPPI test is, what it tells you, when to use it, and its advantages and limitations. Later, host Anant Raut and co-host NERA's Anton Kandalin discuss how the GUPPI test was used to challenge the Penguin Random House and Simon & Schuster mergers.
With special guest:
Dr. Elizabeth Wang, Executive Vice President, Compass Lexecon
Hosted by:
Anant Raut and Antonin Kaladin