Europe's new Big Tech rules will have greater impact than U.S. antitrust lawsuits: Fmr. FTC Chairman

William Kovacic, former FTC chairman, and CNBC's Steve Kovach join 'Power Lunch' to discuss the European Commission's crackdown on interoperability of tech platforms, the European Union's hard stance on regulating tech gatekeepers, and Google reaching a tentative settlement on search engine monopoly litigations.