America is governed by cartels who are run with approval of Fed.gov
Let’s start with Faecesbook, Twatter, D’Appled, Goolag, and Microsucks.
Retail: Walmart
Amazon
Banking: Bank Of America
JP Morgan Chase
Music: Sony Publishing
TV: Disney
Viacom
Radio: Clear Channel
Print: Time Warner
Internet: Google
Twitter
Electronics: Apple
Same thing for telephone access, all swallowed up by AT&T, which was broken up into smaller Bells, which then merged and got monopolized again. But with cellular, we again have choices (although few).
We had few choices in Television content, with only a few choices you could count on your hand. Now we have many. How is that a monopoly?
As for drug prices, R&D is expensive and must be covered by initial pricing before protections expire and other companies are allowed to clone them without any R&D expense. The high pricing is not because of any monopoly, it is an expense to be covered as no one develops a product for free.
I don't think America really does have a monopoly problem: once great companies like GM, GE and Sears are in trouble. You can hate Apple and Walmart, but they have been innovators. When they stop being ahead of the curve, or when they misjudge their opportunities, they will go the way of older companies that fell from a position of predominance.
Many novel prize winners are leftist morons.
“...protectionism and nativism...” COUNT ME IN!
Which reminds me, when does the McDonalds Monopoly Game start?
The power to regulate begets the power to regulate corruptly. Governmental solutions are at best clumsy, inefficient, and ineffective, and at worst, criminally corrupt.
I don't think anti-trust applies in many of these cases.
If a company comes to dominate and industry by being better, faster and more competitive than others that is not a violation.
If it buys others and absorbs them, that may be a violation.
15 years ago, the claim was that Walmart was going to monopolize retail. Today, Amazon came from nowhere and is now leading.
The Facebook category didn't exist 20 years ago. Nor did Google.
Apple has never dominated any industry--no monopoly there.
Why is it that only western nations are accused of protectionism and nativism? Not a word about China, or Japan, or Malaysia, or UAE, or Turkey, or a hundred other countries that insist on maintaining their identities and culture. Just westerners. Doesn't that strike anyone in the elite crowd at slightly odd?
Many of the abuses and risks of concentrated corporate power are most properly and effectively addressed via the Federal Trade Commission and industry-specific regulators. The problem is that such agencies tend to be hobbled by inadequate funding, weak management and staff, unclear legal authority, and captivity by the industries they are supposed to oversee. That being so, comments and Twitter posts by Trump may be essential to get things moving.
America has only one Monopoly problem....
Massive, wealth destroying government.
Corporate monopolies - if they actually exist - are just blips on a huge economic radar screen.
It’s not corporatism that is the problem it’s GLOBALIST NWO Corporatism that is the real problem for American workers.
When will the “business” media acknowledge that borders exist and trade imbalances and trade “deals” are the big problem? Hell, this person doesn’t even address the issue at all. What a joke.
The UniParty kumbaya politicians who become millionaires while in elected office.