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>> i'm a full throated capitalist. i'm been an entrepreneur my whole on life and have done really well owning these stocks. and i think key to capitalism is competition and the markets are failing. they are no longer competitive because of the dominance evof these companies. but thank you for pointing out that i am a proud capitalist. >> are they monopolies in the conventional sense of the word, are they akin to made be bell b the breakup? >> i would argue yes, but a monopoly in itself is not bad or illegal. it is abusive monopoly power and i would argue a dough like google that has 9d company...

The markets are failing. >> professor, i pulled a graphic from your work in esquire relative to facebook and google which says that facebook and google are together worth $1.3 trillion. you could merge the world's top five advertising agencies with five major media companies and still need to add five major communications companies to get only 90% of what google and facebook are worth together. you have similar data relative to amazon. but you know there is a response to a lot of this. i'll just go with amazon. amazon loves to say, well, 4%, that is all we have. that is our only share of u.s. ...

I'd rather trump goes down because of russia than stormy. i think there is a play on words there somewhere. still to come, trump's lawyers now say adult film actress stormy daniels owes him $20 million for violating her nda, but can they prevent her "60 minutes" interview from airing? and this week toys "r" us became the latest retail giant to shutter its stores. meet the professor who says that for the good of american business, we have to break up amazon, apple, facebook and google. >> i'll always remember toys "r" us where my children had a complete and total meltdown every time we went the...

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