And within hours of a Wednesday court ruling, innovation on smartphones is exploding, showing private regulation can be more burdensome to markets than democratic rules CEOs like to condemn.
monopoly
Posted inMoney, Politics, and Power
Google Faces Historic Breakup
A three-week trial began today that could force Google to sell off its Chrome browser, among other remedies for its illegal monopolization.
Posted inEconomic Policy
Google Is a Monopolist … Again
Previously cited for monopolizing search and app stores, now the ‘don’t be evil’ company has been found to have monopolized advertising technology markets.
Posted inMoney, Politics, and Power
The Government Has Already Won the Meta Case
Mark Zuckerberg fairly obviously bought Instagram and WhatsApp to neutralize a perceived competitor. He isn’t doing that with TikTok, and the FTC’s monopolization trial is why.
Posted inEconomic Policy
How the Trump Tariffs Assist Monopoly
Imposing market power on suppliers or seeking special exemptions from the president are not avenues available to small businesses.
Posted inMoney, Politics, and Power
How Corporate Pardons Create Monopolies
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.
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.