monopoly

Facebook is an illegal monopoly that should be forced to sell Instagram and WhatsApp, says the U.S. government AND 48 state attorneys general!

The concentration of market power in a handful of companies lies behind several disturbing trends in the U.S. economy, like the deepening of inequality and financial instability, two Federal Reserve Board economists say in a new paper. Isabel Cairo and Jae Sim identify a decline in competition...

This will explain everything and how issues like police violence are going to unfortunately continue.

How to close the Democrats’ rural gap Forget Trump’s tariffs. Big Ag is driving a new farm crisis. by Claire Kelloway Courtesy of J. D. Scholten for Congress Grain of truth: In his bid to unseat Republican Congressman Steve King, J. D. Scholten crisscrossed Iowa’s Fourth District, talking to...

Opinion | The Monopolization of America In one industry after another, big companies have become more dominant over the past 15 years, new data show. By David Leonhardt Opinion Columnist Nov. 25, 2018 The popular telling of the Boston Tea Party gets something wrong. The colonists were not...

McScam: Report details how McDonald's Monopoly game was fixed by ex-cop McScam: Report details how McDonald's Monopoly game was fixed by ex-cop Michael Bartiromo July 31, 2018 The story of how a former Georgia police officer rigged the McDonald’s Monopoly Game for over a decade is...

Big tech platforms — Amazon, Facebook, Google — control a large and growing share of our commerce and communications, and the scope and degree of their dominance poses real hazards. A bipartisan consensus has formed around this idea. Senator Elizabeth Warren has charged tech giants with using...

Less than one hour after Ronald Reagan nominated Robert Bork to the United States Supreme Court in 1987, Senator Ted Kennedy took the Senate floor and voiced his dissent. The opposition, swift and fierce, was no surprise. After Associate Justice Lewis Powell had announced his retirement the...

It seems that every year brings news of an attempted merger between giant corporations. This year begins with the ongoing saga of AT&T attempting to take over Time Warner, and with it come important questions about declining competition in the modern American economy. Our paper, “A policy at...

THE NEW AMERICA FOUNDATION’S Open Markets group was a rare, loud voice of protest against Google’s ever-growing consolidation of economic and technological power around the world. But New America, like many of its fellow think tanks, received millions in funding from one of the targets of its...

Bernie Madoff is still in business even though he is behind bars. The convicted fraudster behind the biggest Ponzi scheme in US history hogged the market for hot chocolate in prison, according to a MarketWatch interview with Steve Fishman, a reporter who has had considerable contact with...