Rubenstein Says U.S. Has to Be Careful About Breaking-Up Big Tech

The transcript discusses the historical context of the oil industry, particularly John Rockefeller's control and the formation of Standard Oil, and compares it to the current state of technology companies. It highlights the global influence of tech companies and the political and economic implications of their power. The role of the government and the Justice Department in regulating these companies is also examined, with a focus on the challenges of breaking up large corporations.

What percentage of refining did John Rockefeller control in 1885?

• 100%

• 91%

• 75%

• 50%

What is a key concern about breaking up large technology companies?

• It will lead to more companies in the market.

• It will reduce job opportunities.

• It could weaken the U.S. in global tech competition.

• It might increase their power.

Which two countries are in a race to dominate world technology?

• United States and Russia

• United States and China

• China and India

• United States and Japan

Who is mentioned as leading the charge against large tech companies?

• Senator Cruz

• Senator McConnell

• Senator Sanders

• Senator Warren

What department is responsible for breaking up companies like Standard Oil?

• Department of Commerce

• Department of Energy

• Justice Department

• Federal Trade Commission