Missouri Republican reveals his proposed legislation on 'Tucker Carlson Tonight'
This is an unofficial transcript meant for reference. Accuracy is not guaranteed.
Teddy Roosevelt
famously used in antitrust law
to save capitalism, which was on
its way out.
They broke up monopolies because
they were abusing consumers and
discrediting the entire system.
Can he save the system by
restraining it?
There was almost so much abuse
and people can it take it so
they started looking to other
options.
Why is socialism popular
thats? Why?
Because big monopolies are
discrediting market capitalism
unfortunately corporation seem
to have more political power the
end they have had before
they are doing anything about it.
It
one senator, however, is
he would also authorize the
Federal Trade Commission to
regulate online markets
joining us to explain exactly
what this would mean and how it
might help is Senator Josh
Hawley of Missouri
Senator think so much for
coming on here. What a day you
chose to do this hours after
learning that the biggest
company in the world is
conspiring to change election
laws.
Tell us what this would do your
plan.
Well, what would do Tucker
is actually put the american
people back in control of their
democracy.
No longer these corporations
weve got to remember what our
founders knew, which is that
monopolies and liberty is not
compatible.
No corporation should be so big
that it controls the political
process that can it can override
voters.
That is exactly what todays
megacorporations, who have gotten
big and fat
here, is what I am trying to do.
First of all, I would break up
the big tech companies
make them a spin off of their
various parts.
First off Amazon should not be
allowed to have the dominant
platform and be able to control
the cloud.
It would break up big
corporations,
no more mergers and acquisitions
by the biggest companies in
America.
Dont allow the big banks to get
bigger,
tough, new penalties for
corporations that violate our
trust laws
and also a new ability for a
prosecutorprosecutors to go Afte
trusts,
a new focus for antitrust law,
which is this
it ought to be about promoting
competition.
Freedom is protected when
theres competition, not when
theres a monopoly.
The whole reason we
have antitrust laws is because,
when you have monopolies,
everything beneath them withers
and dies.
You dont have a real market.
When you have monopolies,
we are watching that now.
Why are you the only person who
was noticing this?
Well, I think, for a long
time, conservatives have thought
that the market, if left to its
own devices, will operate
smoothly and will ensure
freedom.
The problem is that when you get
monopoly power like this, a
precious competition,
the market doesnt really
operate,
you dont get a truly free
market.
You get a market dominated by a
few powerful entities.
The other thing we are learning
is this: when you have mask
consolidation, political power
follows:
why are they able to blackmail
Georgia?
Why is it that they are able to
threaten other states question
markets because they are so
powerful?
They have achieved monopoly
status.
This is another reason. Weve got
to break them up.
They are too politically
powerful because they are too
economically powerful.
This is why they
want you off the stage
laughs.
This is why they are calling you
an insurrectionist
quickly. Do you have a hope of
getting people on your side?
Will anyone join you on this?
I sure hope so
I sure hope so. Tucker and I
hopesee on the republican side Y
are really seeing eyes are open
to the danger of these
monopolies.
Voters are already living it,
they are being censored on
social media.
They are living in fear that
these banks are going to cancel
them that these big
corporations are going to cancel
them.
I think elected officials,
republican elected officials are
listening to, voters are opening
their eyes, are realizing the
dangers and its time to do
something about it,
its time to protect the
peoples liberties.
I hope you will
come back and give us the names
of those senators who stand in
your way.
Transcript generated on 2021-04-13.