Billionaire donors to Vice President Kamala Harris’s presidential bid are doubling down on their demands that she fire Federal Trade Commission (FTC) Chair Lina Khan, considered the nation’s leading trust-buster focused on fighting monopolies in Big Tech, financial services, and other industries.
Tech billionaire Reid Hoffman, who once visited Jeffrey Epstein’s private island, is bundling millions of campaign donations from Silicon Valley giants for Vice President Kamala Harris’s presidential bid. With the donations comes the demand for Harris to fire the nation’s top trust-buster, Lina Khan, from the Federal Trade Commission (FTC) while also throwing out United States tariffs on foreign imports.
A price transparency rule for American consumers to more easily view what health care services will cost takes effect today after having been imposed by former President Trump.
The ongoing shortage of baby formula is pulling back the curtain on the how government policies have led to certain manufacturers dominating the market, the harm from a slow-moving Food and Drug Administration (FDA), and federal regulations that stymy competition.
On Thursday’s broadcast of CNN’s “Don Lemon Tonight,” Jason Furman, who served as Chairman of the Council of Economic Advisers under President Barack Obama and on the Council of Economic Advisers and the National Economic Council under President Bill Clinton
Multinational corporations, including big banks and big businesses represented by the Chamber of Commerce, are lobbying against a plan by New York State legislators to take on concentrated corporate monopoly power by claiming it will hurt small businesses.
American cattle ranchers, many operating family-owned businesses that have withstood generations, are facing bankruptcy as concentrated corporate power in the meatpacking industry squeezes their profits.
Robert Bork Jr., son of the late Robert Bork, said FTC Chair Lina Khan views antitrust law as a way to impose “woke standards” on business.
Left-wing populists, who, along with right-wing populists, have long warned of tech corporations’ monopoly over social media, say voters are witnessing the “unaccountable power” of Silicon Valley’s elites three weeks out from the November 3 presidential election.
Private equity firms are reportedly using the Chinese coronavirus pandemic as an opportunity to cheaply buy up businesses, which will have a crippling impact on America’s small business owners.
The coronavirus outbreak has exposed the United States’ dangerous dependence on China for pharmaceutical and medical supplies, including an estimated 97 percent of all antibiotics and 80 percent of the active pharmaceutical ingredients needed to produce drugs in the United States.
Liberal metropolises stationed in blue states and giant monopolies are increasingly dominating the American economy with their concentration of corporate power, research finds.
Sen. Josh Hawley has introduced two bills to target “monopolies” higher education institutions have created that add to student loan debt.
Amazon competitors are reportedly embracing the company’s online store as some of them close hundreds of brick and mortar shops, opting to sell their products directly through Amazon due to benefits such as the company’s delivery system.
Jeff Landry, the Attorney General of Louisiana and a former congressman, encouraged government action against Big Tech companies during an appearance on SiriusXM Patriot’s Breitbart News Daily, Tuesday.
Sen. Elizabeth Warren (D-MA) defended her plan to break up large technology companies, noting it would not end the world if these “monopolies” would make less in profits.
Patrick Courrielche, host of Red Pilled America, warned conservatives of the danger of ignoring Silicon Valley’s “unprecedented” monopolistic power and increasing censorship over the flow of information. These threats challenge conservative orthodoxy about the government’s role in regulating private industries, he explained.
Amazon, the online retailing giant founded by Jeff Bezos, is fast approaching capturing 50 percent of the U.S. e-commerce market, according to data research firm eMarketer.
The thing that puts me off libertarianism is the “more libertarian than thou” game so many libertarians like to play.
The CEO of a popular advertising company has called Google a “dictator” in the ad market, criticizing the amount of power they have.
Barry C. Lynn, a former senior fellow at the New America Foundation who was fired after criticizing Google, claimed this week democracy could be threatened by technology monopolies.
Speaking to Axios at a Toronto artificial intelligence conference, Yoshua Bengio warned against the concentration of money and power in Silicon Valley.
Maureen Ohlhausen, the current chairman of the Federal Trade Commission, dismissed concerns over Silicon Valley monopolies, Tuesday, citing the rise and fall of AOL.
As we drill down on the dangers of corporate monopoly, we can observe that the worst offenders are Google, Amazon, Facebook, and Apple. We might even turn those four companies into an acronym, GAFA. And yes, GAFA is the antithesis of MAGA—Making America Great Again.
