Agri Stats collected proprietary information from all meat producers and encouraged price increases for decades. After a Trump DOJ settlement, it’s allowed to stay in business.
monopoly
Posted inMoney, Politics, and Power
The Warner Bros. Sale to the Ellisons Illustrates Perfectly Why Shareholder Capitalism Is a Disaster
99 percent of the company’s institutional shareholders voted to approve it. An equivalent share of the company’s workers and Hollywood generally opposed it.
Posted inEconomic Policy
Meta Is a Monopoly Even if TikTok Can Compete
It is foolish to suggest that competition anywhere proves that a company isn’t a monopoly.
Posted inPodcasts
Organized Money: The Live Nation Ticketmaster Verdict
State AGs pick up the Fed’s slack and win one for the fans.
Posted inLaw and Justice
Live Nation Verdict Serves as a Warning
Companies thought they could get away with anything while Donald Trump was in office. But today they have a new problem: state attorneys general, and juries full of ordinary Americans.
Posted inBooks
Vertical Vertigo
Brian Callaci’s book describes the deregulatory strategies franchisors use to protect their profits.
Posted inPodcasts
Organized Money: California Attorney General Rob Bonta Is Not Done With Ticketmaster
The system is not completely broken, and it shows when states pick up the shattered pieces of our federal system.
Posted inLaw and Justice
Democratic States Seek to Block Massive TV Station Merger
The team-up of Nexstar and Tegna would cover 80 percent of U.S. households. It’s the first of several cases where states are at odds with pay-to-play federal antitrust enforcement.
Posted inLaw and Justice
States Substitute for Corrupt Feds on Antitrust
On Live Nation, Paramount–Warner Bros., and more, state attorneys general are becoming the chief antitrust enforcer. Do they have the capacity to keep going?
Posted inPodcasts
Organized Money: The Live Nation Case
Why your event tickets are sky-high is even more infuriating than you can imagine.