“Marketplace Morning Report,” hosted by David Brancaccio, is the business news you need to know to start your day. “Marketplace Morning Report” gets you up to speed on what you missed when you were sleeping, kicking off each weekday with a global business update from the BBC World Service in London.
05-04-2015 - Morning Report - European Commissioner takes on giants
Airing on Monday, May 4, 2015: There's news today that Goldman Sachs, one of the top investment banks, is in talks to get out of a key business: specifically the raw commodity, coal. That's according to the Wall Street Journal today. The internet search and advertising giant Google has its hands full in Europe, where antitrust regulators have accused it of abusing its power to, among other things, favor its business partners in Google results. In February, President Obama warned the EU to be sure that any antitrust action not be quote "commercially-driven," a suggestion that Europe might be out to help its home-grown companies. Google denies wrongdoing. For more on that, we talk to Margrethe Vestager, the European Commissioner for Competition leading the case.