Monopoly overcomes anti-trust laws in the US

This video from Robert Reich deals with the rarely discussed domination of the US economy by giant corporations that, unlike in the EU,  are  unchallenged by anti-trust legislation to ensure open competition that tends to keep prices lower and wages higher. The fact that media outlets are also corporate-owned and increasingly monopolies of fewer and fewer corporations, may have something to do with the low profile in the media of the trend towards this concentration of economic power in fewer and fewer hands.

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s