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“She argues, like others, that what is fundamentally needed in a democratic system is a balance of power. When companies get too big, they become too powerful and they mistreat the customer, they mistreat their labor, they mistreat their communities. She says we simply need to reapply antitrust law again (she’s originally a lawyer, as is her husband). It’s a political statement. She says we need antitrust to rectify the imbalance between the rich and those of more modest income. She is angry about the power of money in corporate lobbying in Washington. She says we need to break up the big tech companies, to have divestments.” Read more...
The best books on Market Concentration
Jan Loeys, Economist
