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.
antitrust
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.
Posted inEconomic Policy
War in the Aisles
Monopolies across the grocery supply chain squeeze consumers and small-business owners alike. Big Data will only entrench those dynamics further.
Posted inMoney, Politics, and Power
Defense Department Submits to Microsoft’s Profit-Taking
The forced upgrade to Microsoft’s E5 productivity apps, ostensibly for cybersecurity reasons, is an example of the software giant’s insinuation into government tech systems.
Posted inWorking in America
Senators Allege That Amazon Lied to Them About Delivery Drivers
In a bipartisan letter, the senators say that Amazon was misleading about whether it controls aspects of work at its third-party transportation partners.
Posted inEconomic Policy
Three Algorithms in a Room
A growing number of industries are using software to fix prices. Law enforcers are beginning to fight back.
Posted inPolitics
The Three Barriers to Biden’s Re-Election
Price increases, a broader economic frustration built over decades, and an inability to articulate what’s being done about any of it
Posted inMoney, Politics, and Power
The Music Mafia’s Invincible ‘Poison Dwarf,’ in the Crosshairs at Last?
The DOJ says Live Nation has been colluding with its former chairman Irving Azoff to fix artist fees and ‘pimp’ Ticketmaster.