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A general view of the U.S. Federal Trade Commission (FTC) building, in Washington, D.C., on Wednesday, October 20, 2021

Graeme Sloan/Sipa USA via Reuters Connect

Antitrust is coming for AI

The US government's two antitrust regulators struck a deal to divvy up major investigations into anti-competitive behavior in the AI industry. The Justice Department will look into Nvidia’s dominance over the chip market, while the Federal Trade Commission will investigate OpenAI and its lead investor, Microsoft.

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Singer Taylor Swift performs at her concert for the international "The Eras Tour" in Tokyo, Japan February 7, 2024.

Kim Kyung-Hoon/REUTERS

Swifties rejoice: DOJ sues Ticketmaster

The Department of Justice announced Thursday it is suing Live Nation, the parent company of Ticketmaster, alleging the company has built an anti-competitive monopoly in live events. Over 70% of all major concert venue tickets in the US are handled via Ticketmaster, and the DOJ says their market dominance has crushed competition in the sector, stagnating innovation and subjecting consumers to unfairly high prices.

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Timing on Trump's federal trial has huge implications
TITLE PLACEHOLDER | US Politics In :60 | GZERO Media

Timing on Trump's federal trial has huge implications

Jon Lieber, head of Eurasia Group's coverage of political and policy developments in Washington, shares his perspective on US politics.

What are the implications of the Trump indictment?

Former President Trump has now been indicted for a second time in the last several months, this time by federal prosecutors who are investigating a case of mishandled documents, a very serious crime in federal law. There are several questions that are going to make a difference here, though.

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Trump indicted on federal charges
Trump indicted on federal charges | Quick Take | GZERO Media

Trump indicted on federal charges

Ian Bremmer's Quick Take: Hi, everybody. Ian Bremmer here. Another Quick Take. Too much news this week to keep me down. My goodness.

Seven indictments going to be coming down on Tuesday, federal indictments, against former President Trump. Unprecedented development in US history. We see so many of those in American democracy these days. No American president has ever been federally indicted before. I'd like to say no one will ever be federal indicted again, but of course that is looking increasingly unlikely given the state and trajectory of the US political system.

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Parsing Donald Trump's indictment
Parsing Donald Trump's indictment | GZERO World with Ian Bremmer

Parsing Donald Trump's indictment

Preet Bharara, former US attorney for the Southern District of New York, stopped by GZERO World to discuss three big legal stories in the news: the charges facing former US President Donald Trump, Supreme Court Justice Clarence Thomas's gifts from a billionaire Republican donor, and the recent classified documents leak.

According to Bharara, the charges leveled against the Trump Organization and its CFO, Allen Weisselberg, could establish a precedent for justice and the rule of law, with significant consequences for American democracy in the future. Bharara ranked the severity of the three other potential charges that could be brought against former President Trump, with the conduct relating to the January 6th riot "being the most severe."

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David Himbert / Hans Lucas via Reuters Connect

Podcast: Trumped up charges? The law & politics of investigating a president's crimes

Transcript

Listen: Where democracy is built upon the principles of rule of law, legal challenges faced by public officials are a sober matter. On the GZERO World podcast, Ian Bremmer sits down with former US Attorney for the Southern District of NY and podcast host, Preet Bharara. Together, they explore the current state of the US legal system, the hurdles for keeping public officials to account, and the potential implications for democracy when a former president is criminally charged by federal courts. Bharara draws from his extensive experience as a prosecutor to offer insightful perspectives on pressing legal concerns, including the role of executive privilege in government accountability. The duo also takes a deep dive into news headlines, addressing the ethical dilemma surrounding Supreme Court Justice Clarence Thomas and the ongoing Department of Justice investigation into the Ukraine leak.

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Liz Truss arrives for the announcement of Britain's next Prime Minister at The Queen Elizabeth II Centre in London.

REUTERS/Hannah McKay

What We're Watching: Liz beats Rishi, Chile rejects charter change, Trump wins DOJ probe delay

Meet the UK's new PM

As expected, UK Foreign Secretary Liz Truss won the Conservative Party leadership race on Monday and will become the next British PM, replacing the disgraced Boris Johnson. Truss — a political chameleon who's popular with the Tory base — beat former Chancellor of the Exchequer Rishi Sunak, a moderate technocrat, by a comfortable margin of 57% of party member votes. She now faces tough challenges at home and abroad. First, a looming recession compounded by a cost-of-living crisis and an energy crunch. Truss, who fancies herself as a modern Margaret Thatcher, plans to announce big tax cuts and perhaps a temporary freeze on energy bills for the most vulnerable Brits — which her economic guru has warned would be fiscally irresponsible. Second, a likely collision course with the EU over the Northern Ireland protocol. Brace for rocky times ahead as Truss tries to convince Brussels to renegotiate the post-Brexit trade deal, which scrapped a hard border between Northern Ireland, part of the UK, and the Republic of Ireland, an EU member state. (No surprise then that Brussels is hardly looking forward to her moving into No. 10 Downing St.) On Tuesday, Truss will travel to Scotland to meet with Queen Elizabeth II, who as per tradition will ask her to form a government at the monarch's Balmoral summer residence.

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An FBI photograph of documents and classified cover sheets recovered from former US Pesident Donald Trump's Florida estate.

Reuters

What We're Watching: Trump obstruction evidence, IAEA team in Zaporizhzhia, IMF-Sri Lanka bailout deal

Did Trump conceal top-secret documents?

Donald Trump repeatedly blocked US law enforcement from accessing highly-classified documents stored at his Mar-a-Lago residence (and lied about how many files remained there), according to a scathing new document released Tuesday by the Department of Justice. The filing came in response to a recent request by the former president that the documents — seized from his Florida estate by the FBI on Aug. 8 — be reviewed by a third-party arbiter to decide if any are covered by executive privilege. (The DOJ opposes this on the legal grounds that the records don’t belong to Trump.) It’s the most detailed account to date of the months-long attempt by the National Archives – an independent agency that stores and preserves government records – to obtain classified files Trump took from the White House after the 2020 election. The filing includes a photograph of documents labeled “Top Secret” and claims that some material was so sensitive that some FBI and DOJ personnel required additional security clearances to review them. Crucially, it also states that “efforts were likely taken to obstruct the government’s investigation” after Trump’s legal team ignored in the spring a grand jury subpoena seeking all classified documents. A federal court decides Thursday whether the arbiter can be brought in.

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