Rephonic
Artwork for Trust and Trade
Antitrust Law
Federal Trade Commission
Artificial Intelligence
Consumer Protection
Private Antitrust Litigation
Competition Law
European Union
Mergers and Acquisitions
Shipping Act
Regulatory Frameworks
Asia Pacific
Google
Antitrust Exemption
Antitrust
Market Definition
Non-Compete Clauses
Ocean Shipping
AI Act
Misuse Of Market Power
Trial Practice

Deep dives into the worlds of competition, privacy, and consumer protection from a rotating panel of experts.

PublishesTwice monthlyEpisodes67Founded4 years ago
Number of ListenersCategories
GovernmentBusiness NewsNews

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Artwork for Trust and Trade

Latest Episodes

Italy's unique approach to restricting foreign investment has evolved from the historic "Golden Shares" regime to the "Golden Power" law, but recent changes are amplifying tensions with the European Commission. ADVANT Nctm's Francesco Mazzocchi joins... more

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Before you can conclude that a merger will result in a monopoly, you have to first ask a monopoly of what? Market definition is the analytical fulcrum that almost everything else in a merger case rests upon. Kirkland & Ellis LLP's Mike Singer and Cor... more

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Is AI-generated music really so different from music created by humans? Kellogg Hansen's Josh Branson and George Mason Law School Professor Olufunmilayo Arewa join host Anant Raut to discuss the copyrightability of AI-generated music and the growing ... more

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Antitrust birthed the arms race of name, image, and likeness money pouring into Division 1 athletics. Now college football has spiraled into a widening gap between haves and have nots, where NIL offers (supposedly distinct from pay-for-play) are driv... more

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Recent Guests

Francesco Mazzocchi
Partner at ADVANT Nctm with experience in proceedings before the European Commission and Italian Competition Authority
ADVANT Nctm
Episode: #66 Golden Shares, Golden Power: Foreign Direct Investment in Italy
Michael B. Singer
Antitrust and competition partner at Kirkland & Ellis LLP
Kirkland & Ellis LLP
Episode: #65 How We Define Markets
Nathaniel E. Hipsman
Economist specializing in antitrust and competition matters, including merger reviews and conduct litigation
Cornerstone Research
Episode: #65 How We Define Markets
Josh Branson
Partner at Kellogg-Hansen; copyright litigator
Kellogg Hansen & Brill LLP
Episode: #64 Music & AI
Olufunmilayo Arewa
Professor at George Mason University's Scalia Law School
George Mason University
Episode: #64 Music & AI
Michael McCann
Professor of law; visiting professor at Harvard Law School; expert on sports law
Harvard Law School / University of New Hampshire Franklin Pierce School of Law
Episode: #63 The NIL Arms Race
Lemuel Srolovic
Chief of the Environmental Protection Bureau, New York State Attorney General's Office
New York State Attorney General's Office
Episode: #62 Greenwashing
Kaelah Smith
Assistant Attorney General, Environmental Section
Connecticut Office of the Attorney General
Episode: #62 Greenwashing
Gwendolyn Lindsay Cooley
Founder of Taimet, AI-powered merger analysis software
Taimet
Episode: #61 Ozzy Osbourne v AEG

Host

Anant Raut
Host of Trust and Trade

Chart Rankings

How this podcast ranks in the Apple Podcasts, Spotify and YouTube charts.

Apple Podcasts
#48
Israel/Government
Apple Podcasts
#126
Singapore/Government
Apple Podcasts
#148
China/Government
Apple Podcasts
#150
Taiwan/Government
Apple Podcasts
#161
South Africa/Government
Apple Podcasts
#240
Austria/Government
Apple Podcasts
#243
Japan/Government

Talking Points

Recent interactions between the hosts and their guests.

#66 Golden Shares, Golden Power: Foreign Direct Investment in Italy
Q: What was controversial about UniCredit's attempted takeover of Banco BPM?
Italy authorized the bid but imposed conditions that included maintaining lending levels and supporting Banco BPM's subsidiary. UniCredit challenged the decision, and the European Commission questioned whether Italy's conditions conflicted with EU merger-control, banking-supervision and free-movement rules.
#66 Golden Shares, Golden Power: Foreign Direct Investment in Italy
Q: What are some of the main features of the current framework?
Golden Power covers share acquisitions, including some minority stakes, corporate resolutions, outbound technology transfers, greenfield investments and intra-group transactions. It applies across sectors including defense, energy, finance, healthcare and technology, and can reach EU buyers as well as investors from outside the EU.
#65 How We Define Markets
Q: Why do we continue to use critical loss analysis?
It is a convenient shortcut and, under certain conditions, a ten percent critical loss test can indicate that the profit-maximizing increase is at least five percent. However, it should be used with other evidence because its assumptions can miss real competitive dynamics.
#65 How We Define Markets
Q: Is market definition only used in merger cases?
No. It is also important in monopolization litigation, where a party must establish the relevant market allegedly being monopolized.
#64 Music & AI
Q: How does fair use apply to AI-generated music versus human-created music?
Fair use is evaluated via four factors; major questions center on whether the use is transformative and the effect on the market. Opinions differ among judges about whether training is fair use and how to treat outputs that imitate or substitute for human-created works, especially when AI-assisted creation involves meaningful human authorship.

Audience Metrics

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Frequently Asked Questions About Trust and Trade

What is Trust and Trade about and what kind of topics does it cover?

This program consistently explores competition policy, antitrust enforcement, mergers, and regulatory strategy through conversations with practitioners, policymakers, and academics. Episodes routinely cover topics like greenwashing enforcement, merger economics, tariffs' impact on market definitions, platform pricing, and privacy or consumer-protection implications, often weaving in real-world cases and regulatory developments. A standout feature is the mix of strict legal doctrine with practical, practitioner-focused insights from economists, lawyers, and government officials, which makes it valuable for listeners who need actionable context for policy, litigation, and deal strategy.

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Which podcasts are similar to Trust and Trade?

These podcasts share a similar audience with Trust and Trade:

1. Our Curious Amalgam
2. Ruled by Reason
3. Antitrust 101
4. Machine Gods
5. Hard Fork

How many episodes of Trust and Trade are there?

Trust and Trade launched 4 years ago and published 67 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on Trust and Trade?

Recent guests on Trust and Trade include:

1. Francesco Mazzocchi
2. Michael B. Singer
3. Nathaniel E. Hipsman
4. Josh Branson
5. Olufunmilayo Arewa
6. Michael McCann
7. Lemuel Srolovic
8. Kaelah Smith

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