Monopolies across the grocery supply chain squeeze consumers and small-business owners alike. Big Data will only entrench those dynamics further.
small business
Posted inHealth and Social Policy
The PBM-Insurer Mafia Comes for Community Pharmacies
UnitedHealth, CVS, and Cigna’s PBMs are using their market share and pull in Washington to drive one of the key levers to manage health care costs—independent pharmacies—out of business.
Posted inHealth and Social Policy
Zoomer Hackers Shut Down the Biggest Extortion Ring of All
A ransomware gang cripples UnitedHealthcare. Could a comprehensive antitrust investigation finish the job?
Posted inBooks
The Stories Corporations Tell
Two new histories of American capitalism reveal how alluring narratives have nurtured corporate power.
Posted inEconomic Policy
The Bankers’ Front Groups Fighting Tougher Capital Rules
It’s understandable that Wall Street wants weak rules. Why are so many community groups serving as the banks’ echo chamber?
Posted inWorking in America
Business Groups’ Reflexive Anti-Worker Demagogy
In New York, the business lobby resorts to apocalyptic ads to stop a ban on noncompete provisions.
Posted inEconomic Policy
Capitalists Against Capital Standards for Banks
How the biggest banks are using community bankers to front for the self-interest of Wall Street in trying to weaken the rules
Posted inMoney, Politics, and Power
The [REDACTED] Case Against Amazon
You go to information war with the clickbait you have.
Posted inMoney, Politics, and Power
Amazon’s $185 Billion Pay-to-Play System
A new report shows that Amazon now takes 45 percent of all third-party sales on its website, part of the company’s goal to become a monopoly gatekeeper for economic transactions.
Posted inMoney, Politics, and Power
Catch Us if You Can
The mysterious firing of Amazon’s most ruthless union-buster from his new job underscores the monopoly’s insidious stranglehold over shopping.