Billionaires are hopeful that Kamala Harris will break from the FTC chair. But she’s part of an entire network of policymakers who are actually governing in Washington.
antitrust
Posted inMoney, Politics, and Power
CrowdSuck
How did software designed to protect customers from paralyzing system disruptions instead cause what may be the most destructive software glitch in recorded history? A 2018 antitrust case holds some clues.
Posted inEconomic Policy
The American People Need An Anti-Price-Fixing Division
A formal, congressionally appropriated division would have the resources to go after pricing schemes.
Posted inEconomic Policy
Hello From the Middleman Economy
The reason things feel like they’re so broke is that they are.
Posted inMoney, Politics, and Power
The Government Created the Most Profitable Company in America
Now, the Biden administration has the opportunity to slash the astronomical profit margins of VeriSign, the obscure company making a mint on annual .com website registrations.
Posted inMoney, Politics, and Power
The Great Fishing Caper
A fishing conglomerate created a fake company to facilitate a merger. It could now be on the hook for billions of dollars.
Posted inMoney, Politics, and Power
Built by AI Hype
As it dominates the market for AI chips, Nvidia was briefly the most valuable company on Earth. How it got there is the subject of a Justice Department investigation.
Posted inMoney, Politics, and Power
Big Business Has Come for Your Baseball Cards
Fanatics, the self-described Amazon of sports, has used long-term exclusive deals to monopolize apparel and memorabilia markets, and make its products unavoidable.
Posted inEconomic Policy
Taming the Pricing Beast
The government has a variety of strategies to protect the public from price-gouging and information advantages over the consumer.
Posted inEconomic Policy
Lina Khan: Extraction Exterminator
The Federal Trade Commission chair plays a key role in preventing exploitative pricing schemes from taking root.
