An op-ed calling financial-industry resistance to financing oil and gas production an antitrust violation reflects a troubling trend of using antitrust for political ends.
monopoly
Posted inMoney, Politics, and Power
Big Tech Earnings Confirm Allegations of Excessive Market Power
The Big Four companies took in $206 billion in revenue in the same quarter the economy fell off a cliff.
Posted inMoney, Politics, and Power
The Triumphant Return of Congress
At Wednesday’s Big Tech hearings, the House Antitrust Subcommittee showed what informed politicians and a real investigation can do.
Posted inMoney, Politics, and Power
Big Tech CEOs to Be Grilled—Five Minutes at a Time
The hearing featuring Jeff Bezos, Mark Zuckerberg, and others has rules that could allow them to escape serious scrutiny.
Posted inBooks
Monopolies Are Why Salt and Water in a Bag Became a Scarce Item
An excerpt from a new book on life in the age of corporate power
Posted inBooks, Arts and Culture
The Most Subversive Show on Television
‘Corporate’ co-creators Matt Ingebretson and Jake Weisman have built a recognizable world based on the vice grip that corporate America holds over the country.
Posted inMoney, Politics, and Power
3M: Monopoly, Misrepresentation, and Malpractice
Hundreds of thousands of troops suffered hearing loss from 3M’s faulty battlefield earplugs. They allege that the company and its private equity–fueled acquisition falsified data and knowingly hid evidence.
Posted inMoney, Politics, and Power
Anti-Monopoly Movement Targets Richie Neal
The Massachusetts congressman, facing a primary challenge, enabled rip-offs on doctor bills to reward private equity giant Blackstone.
Posted inMoney, Politics, and Power
Amazon’s Private Government
A new patent cements the company’s aims to use its power over sellers to consolidate control.
Posted inMoney, Politics, and Power
Spotify Is Doing to Podcasting What Facebook and Google Did to Blogs
By acquiring the most popular shows, Spotify wants to dominate the industry, and make it impossible for newer voices to emerge.