Rocket wants to became the only mortgage company in America. The CFPB found its tactics to be illegal—until Donald Trump let the company off the hook.
monopoly
Posted inHousing
The Last Abundance Agenda
In the 1980s, Wall Street vowed to make housing more affordable through deregulation of housing finance. The result was the 2008 crisis.
Posted inEconomic Policy
The Unusual Biden-Trump Continuity in One Area
On antitrust, Trump’s enforcers are challenging mergers and seeking breakups. What’s going on here?
Posted inBooks, Arts and Culture
Your Kink Is Health Care? Good Luck, Babe.
Fans have been pushing pop stars to take courageous political stands, but Chappell Roan’s skirmish with an obnoxious exec shows how hard it is for them to stand up even for themselves.
Posted inEconomic Policy
Yes, the Price of Eggs Matters
Consumer sentiment is falling off a cliff in the early Trump period.
Posted inMoney, Politics, and Power
Zuckerberg Proves Meta Is Too Big
One monopoly company should not have the power to decree which speech is permissible and which isn’t.
Posted inEconomic Policy
Q&A: Taking On the Biggest Problems and the Biggest Companies
An exit interview with Jonathan Kanter, Biden’s head of the Justice Department Antitrust Division
Posted inEconomic Policy
When the Government Actually Governs
The Biden administration’s antitrust agencies are hitting the tape with new rules and enforcement actions.
Posted inMoney, Politics, and Power
Bluesky Proves Stagnant Monopolies Are Strangling the Internet
One tiny company has the bloated Facebook empire scrambling to respond.
Posted inMoney, Politics, and Power
Amazon’s Latest Seller Squeeze
A controversial policy would effectively charge sellers when Amazon’s logistics team loses or damages their goods. It could enable Amazon to undercut rivals with its own brands.