We are honored to have as the moderator for the panel probably the most qualified and knowledgeable person possible, founder and leader of the cybersecurity practice. And a reminder for those that are just joining the panel, joining the session now, ask questions in your browser. Please take it away. Having him muted myself, thank you for that introduction. Whether or not there is a consensus on your comment about me it certainly sounds like there is a consensus about the desirability at aspen so maybe we do that before too long and looked to getting together. Our panel is in fact the most distinguished and knowledgeable panel that we could provide to discuss the subject on the privacy regulations and very timely. One of the problems with giving talks and making remarks and addressing International Privacy developments is you can prepare the remarks three or four weeks earlier you would have to do it all again. Its a Constant Development and here we are going to be talking on the union
A. M. At google headquarters in california 11 00 a. M. On wall street and squawk alley is live good tugs morniesday morninm Carl Quintanilla very busy morning in the markets today. We try to get back to 3440 or so q3 earnings a part of the big news stimulus watch, well learn more in the coming hour or two. But were going to begin in washington justice files this landmark antitrust suit against google and we have more on that im still working many i way through this 64page lawsuit that the Justice Department has filed against google in which the department allege thats googlesant w anticompev behave wror is going on for years and still going on and it may be getting worse in the complaint, the Justice Department writes that google entered into exclusionariy agreements including tying arrangements and engaged in anticompetitive lockup and block rivals the Department Says google has taken a page from microsofts playbook to sustain the monopolies and even instructed blows not to use words
There. 10 year yield popping a little higher now, helping the banks. We have Energy Higher even with oil down but a little bit of a reopening flavor and the bulls are trying to hang on. David tech is a little soft and one might think that would have to do with google, but that is not the worst. Alphabet had actually been popping shortly sharply higher largely priced in, the u. S. Filing this antitrust lawsuit, republican state attorneys general as well, not. O surprising not so long ago, down about. 4 . Trying to figure out what this means. Many experts saying it could take a long time for us to go through these courts and the company itself saying they are not forcing consumers to use their product. It is a strength of their and amazon shares will be weak. We always have to keep an ion the complex. Never a dull day. Thank you for that report stop we are taking a look at pennsylvania as part of the swing states series and today, a democrat from philadelphia to take us through the race
Really interesting flow out of the United Kingdom. Weve got a very nice lift to the market. I dont want to oversell it, but in the last 20 minutes or so, a lift to the market. I see sterling coming in and even the yield space with a little bit lower yield. Certainly not the risk of agony we saw yesterday. Jonathan sterling lower. Down about 0. 2 on cable. Reuters reporting that the Prime Minister is about to say get ready for an australia style brexit deal. When i say australia, think something closer to no deal. When i say canada, think something closer to a freetrade agreement. If the Prime Minister frustrated with the eu . October 15 was meant to be a deadline. Mr. Prime minister trying to ramp things up to get concessions from the other side, something he has failed to do in the last month. Tom and there is the norway deal. An australian deal is a much more distant deal, a much more traditional agreement. The love and affection of a canada deal where you respect the agricultural pr
Please take it away. Having him muted myself, thank you for that introduction. Whether or not there is a consensus on your comment about me it certainly sounds like there is a consensus about the desirability at aspen so maybe we do that before too long and looked to getting together. Our panel is in fact the most distinguished and knowledgeable panel that we could provide to discuss the subject on the privacy regulations and very timely. One of the problems with giving talks and making remarks and addressing International Privacy developments is you can prepare the remarks three or four weeks earlier you would have to do it all again. Its a Constant Development and here we are going to be talking on the union back in july and the kind of counterpoint of the rebuttal responding to the decision, the doj, the department of commerce and we are now honored and pleased to report theres also the Privacy International decision that we expect will be addressing the court of justice this last w