Oligopolies in plain sight
Posted On: November 4, 2022 by Mike Mallaro in: Employee Ownership, Opinions, Social commentary
A judge blocked the merger of two book publishing companies after the US regulators objected to the merger on the grounds of it being anti-competitive and harmful. While that’s probably true, it strikes me like your kid eating two Big Macs, fries, pecan pie with ice cream and one potato chip – and you complain about chip being unhealthy.
In many important segments of our economy, a handful of companies control the market. Cloud computing has only three players, who just so happen...
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