A 2-2 tie on the Federal Trade Commission empowers Republicans to block action into bad actors in the economy—and Senate Republicans are enabling this.
antitrust
Posted inMoney, Politics, and Power
Private Equity’s Airline Strategy Could Draw a Challenge
Budget airlines Frontier and Spirit, buoyed by a private equity investor, announced a merger earlier this week. But a revamped antitrust enforcement atmosphere awaits.
Posted inEconomic Policy
Big Business Games the Supply Chain
The disruptions, and the subsequent circumventions, have accelerated Amazon and Walmart’s takeover at the expense of independent retailers.
Posted inMoney, Politics, and Power
Rollups: The Big Tech Monopoly Down on the Farm
John Deere refuses to allow farmers to repair their own equipment. That’s because it wants to control farm technology and data, critics contend.
Posted inMoney, Politics, and Power
Jon Ossoff’s Moment of Trust
Before entering the Senate, Ossoff had more than half his net worth in Apple stock; it’s now in a blind trust. Today, he must vote on legislation affecting the company.
Posted inEconomic Policy
Antitrust Should Be Used to Fight Inflation
Controlling market power is an integral tool to deal with rising costs.
Posted inMoney, Politics, and Power
Rollups: Professional Wrestling’s Ruthless Monopoly Era
Major League Wrestling filed an antitrust complaint against World Wrestling Entertainment. Its success rests on a similar ongoing antitrust lawsuit in the mixed martial arts industry.
Posted inMoney, Politics, and Power
Big Tech Freaks Out About Bipartisan Crackdown
CEOs are calling individual senators and lobbyists are engaged in a full-court press to stop legislation in its tracks.
Posted inMoney, Politics, and Power
Rollups: All Monopolies Are Local
How one supermarket chain, Stop & Shop, abuses property transfers to frustrate competition
Posted inLaw and Justice
Merrick Garland Is Undermining the Biden Antitrust Strategy
By fighting over personnel to the Justice Department’s Antitrust Division, the attorney general is prioritizing the status quo over the public good.