ARE ON THE DOW.
IT IS DISPROPORTIONATE ATTRIBUTE
TORE TO THE SELL OFF.
GO TO CHARLIE GASPARINO.
HE IS FOLLOWING A COUPLE OTHER
DEVELOPMENTS.
ONE DOING WITH MAJOR LEAGUE
BASEBALL, IF, WHEN WE SEE A
SEASON.
BIGGEST STORY TO HEAT OFF WITH
JUSTICE DEPARTMENT AND GOOGLE,
WHERE ARE WE ON THAT?
>> YEAH.
BY THE WAY, NEIL, TALK ABOUT
HAVING DISPROPORTIONATE IMPACT
ON MARKETS, ANY POTENTIAL CASE,
DEPENDING ON SEVERITY OF CASE ON
GOOGLE THAT COULD HIT MARKETS
HARD.
AGAIN, GOOGLE IS A HUGE COMPANY.
HUGE COMPONENT OF THE MARKETS.
JUSTICE DEPARTMENT GOES AFTER
THEM AGGRESSIVELY, YOU CAN SEE
MARKETS DECLINE WITH GOOGLE’S
STOCK.
HERE WHAT WE DO KNOW.
THE D.
J OBVIOUSLY INVESTIGATING THEM.
A LOT OF PEOPLE SAYING THEY’RE
MOVING TOWARD SOME SORT OF A
CASE AGAINST GOOGLE.
THE TIMING OF THAT CASE NOW WE
UNDERSTAND GIVEN THE
CORONAVIRUS, THE OTHER
DISTRACTIONS THAT THE JUSTICE
DEPARTMENT HAS GOING INTO, GOING
INTO THE WEEK OF, AFTER THE WEEK
OF UNREST THAT WE HAD, FROM WHAT
WE UNDERSTAND, THAT COULD DELAY
IT.
SO THE, SUMMERTIME TABLE, THEY
WERE SUPPOSED TO COME OUT WITH
SOMETHING IN THE SUMMER A LOT OF
PEOPLE THOUGHT IT WOULD BE THE
CASE GIVEN SIGNALS COMING OUT OF
THE JUSTICE DEPARTMENT AND
ATTORNEY GENERAL BARR’S OFFICE
BUT WE’RE HEARING THAT THE
SUMMERTIME TABLE COULD BE PUSHED
OUT.
THE OTHER THING KIND OF UNCLEAR,
THIS IS WHERE THE MARKETS ARE
HYPER-FOCUSED ON AND INCLUDING
INVESTORS IN GOOGLE IS JUST HOW
AGGRESSIVE WILL THE CASE BE?
WILL IT BE A NARROWLY TAILORED
CASE INVOLVING GOOGLES AD SEARCH
PREFERENCES?
THAT IS VERY NARROW.
IT DOESN’T ENCOMPASS THE WHOLE
COMPANY.
IT IS NOT EXISTENTIAL.
WHETHER GOOGLE GIVES BENEFICIAL
TREATMENT ON AD SEARCHES TO
PEOPLE THAT PLACE ADS ON GOOGLE.
THAT CAN BE REMEDIED WITHOUT
MAJOR REINSTRUCTION OF THE
COMPANY OR WHETHER IT IS
SOMETHING LARGER LIKE THEIR
ENTIRE SEARCH FUNCTION.
WHETHER THAT BREEDS
ANTI-COMPETITIVE BEHAVIOR
BECAUSE IT IS NOT JUST AD
SEARCH, A MILLION OTHER THINGS
THAT EXCUSE AD SEARCHES
ESSENTIALLY WAYS GOOGLE CAN MAKE
MONEY AND GAIN UNFAIR ADVANTAGE
OVER OTHERS AND BE
ANTI-COMPETITIVE TO THE
CONSUMER.
THOSE ARE TWO THE QUESTIONS.
WILL IT BE DELAYED, HOW
AGGRESSIVE, I CAN’T TELL YOU
WHERE THEY COME OUT ON EITHER OF
THOSE.
SILICON VALLEY, WALL STREET
WATCHING THIS A LOT.
THEY DON’T KNOW.
THERE IS MIXED SIGNALS COMING
OUT OF THE JUSTICE DEPARTMENT
AND VARIOUS SPEECHES ON BOTH.
THAT IS WHERE WE ARE AGAIN.
GOOGLE, WATCH THE STORY.
IT WILL HAVE MAJOR IMPACT ON THE
STOCK AND MARKETS.
SECOND THING IS MAJOR LEAGUE
BASEBALL.
WE WERE FIRST TO REPORT THAT THE
OWNERS WOULD HAVE PROPOSAL
YESTERDAY.
THEY DID.
PLAYERS THREW SOME COLD WATER ON
IT.
WE UNDERSTAND MAJOR LEAGUE
BASEBALL IS EXPECTING A
COUNTEROFFER FROM THE PLAYERS AS
EARLY AS TODAY OR TOMORROW.
HERE IS WHERE IT GETS
INTERESTING, NEIL.
THE PLAYERS ARE RIGHT NOW IN
DISCUSSIONS ABOUT A POTENTIAL
COUNTER OFFER, WHAT THEY WILL
SAY AT LEAST TO THE OWNERS
LATEST DEMANDS WHICH ESSENTIALLY
YOU GET 50% OF YOUR SALARY
PRORATED OVER 75 GAMES.
YOU GET 75% OF YOUR SALARY IF WE
DOT WORLD SERIES.
THE PLAYERS SAW THAT AS A HUGE
PAY CUT.
THEY PROBABLY DON’T WANT TO GO
FOR THAT.
HERE IS WHAT WE DON’T KNOW?
DO PLAYERS COME BACK AND SAY,
LISTEN WE WANT OLD THING, THE
OLD PROPOSAL WE PUT OUT,
ESSENTIALLY 100% SALARY WITH
LESSER GAMES, SOMETHING LIKE 75,
80 GAMES.
WILL THEY COME BACK WITH THAT
WHICH THE OWNERS WILL SAY NO TO?
IF THEY DO THAT, ROB MANFRED,
COMMISSIONER OF BASEBALL LIKELY
TO SAY, I WILL PROPOSE A HYPER
SHORTENED SEASON 50 GAMES,
SOMEONE DOESN’T LIKE.
IT IS BARELY BASEBALL, BARELY
ENOUGH TIME TO DO ANYTHING TO
CELEBRATE THE SPORT, HAVE THE
SPORT.
I DON’T KNOW IF YOU HAVE PLAY
OFFS WITH THE 50-GAME SCENARIO,
SOMETHING NOBODY REALLY WANTS
BUT HE MAY DO IT.
IT ALL DEPENDS ON WHAT THE
PLAYERS COME BACK WITH.
IF THEY COME BACK WITH SORT OF A
COMPROMISE ON THE 75%, MAYBE
THEY WANT 90%, THEY SETTLE AT
80% OF THEIR SALARY, NOT 100%,
YOU KNOW THERE WILL BE, THERE IS
WIGGLE ROOM FOR NEGOTIATION.
AGAIN WE’LL HAVE TO WATCH THIS.
IT COULD COME TODAY.
COULD COME TOMORROW.
THEY WILL COME UP WITH
SOMETHING, AT LEAST WORD I’M
GETTING FROM BOTH ON PLAYERS
SIDE AND OWNERS SIDE.
IT WILL BE INTERESTING TO SEE
WHERE IT IS, IF THERE IS A REAL
NEGOTIATION, THEN YOU COULD HAVE
A REAL SEASON.
IF THERE IS NO NEGOTIATION HERE
BY THE PLAYERS, YOU COULD SEE
ROB MANFRED TURN AROUND ALMOST
IMMEDIATELY, 50-GAME SEASON,
TOUGH LUCK.
MOVE ON.
BACK TO YOU.
NEIL: THAT WOULD BE IDIOTIC.
YOU WIN THE WORLD SERIES BUT
HAVE ASTERISK NEXT TO YOUR NAME,
YOU WON A 50 GAME SEASON VERSUS
162-GAME SEASON.
>> I AM IN AGREEMENT.
RUBBER IS MEETING THE ROAD NOW.
NEIL: I HEAR YOU.
WE’RE MORE BOCCI BALL VERSUS
BASEBALL.
>> I’M SURE YOU WON THE BAHCHY
BALL CHAMPIONSHIP THROUGHOUT OUR
CHILDHOOD.
NEIL: NOT ONE TO BRAG BUT IN THE
CAVUTO FAMILY, YEAH YOU’RE
LOOKING AT THE CHAMP.
>> WANT TO KNOW TRAINING REGIME
FOR BOCCI.
NEIL: THE SAME ASACOLING A