( Shapiro, professor of the graduate school at the University of California, Berkeley. Author of the Age of Betrayal: The Triumph of Money in America and editor of Colossus: How the Corporation Changed America. Author of Goliath: The Hundred Year War Between Monopoly Power and Democracy. Author of the newsletter BIG about the politics of market power and antitrust. Matt Stoller, director of research at the American Economic Liberties Project.
#REAL WORLD MONOPOLY EXAMPLES SERIES#
Today, On Point: The concluding episode of our special series More than money: The cost of monopolies in America discusses solutions for reining in monopoly power. Can vigorous antitrust regulation meaningfully reduce inequality, and bring about a stronger democracy? This view has champions now at the FTC and Justice Department. "We have political freedoms, but on the commercial side, there is massive amounts of bribery and corruption and retaliation that is against the idea of living in a free society." Stoller says reining in monopoly power is critical to maintaining democracy.
“They are competitors to the democratic state itself," Matt Stoller, director of research at the American Economic Liberties Project, says. This rebroadcast originally aired on February 18, 2022.įor antitrust reformers, the size and power of companies like Google and Facebook represent more than a threat to consumer welfare. Sign up for the On Point newsletter here.
The thumbs up Like logo is shown on a sign at Facebook headquarters in Menlo Park, Calif.
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