Home Tags Monopolies

Tag: Monopolies

Pete Buttigieg at a campaign event in Des Moines, Iowa.

Pete Buttigieg criticizes his friend Mark Zuckerberg: ‘No one should have that kind of power’

The New York Times asked Pete Buttigieg if he thought the Facebook CEO held too much power. Buttigieg's answer was a resounding "yes."
SoftBank Group chairman Masayoshi Son at a press conference on November 6 in Tokyo.

Softbank is getting exactly what it deserves, and it’s thanks to something way bigger than WeWork

Softbank made investments hoping that its companies would turn into monopolies — a precarious bet. Thankfully for consumers it isn't paying off.
If you don't want others seeing your Facebook information and activity, you can make your Facebook private by adjusting your settings to "Only me."

Breaking up Facebook is just a step on the road to rehab for America’s relationship with big companies

The US must breakup Facebook and return to understanding that monopolies are more about pricing power, they're about the perils of size in general.
Berkshire Hathaway chairman Warren Buffett, Facebook CEO Mark Zuckerberg, and Amazon CEO Jeff Bezos are among the top five richest people in the United States. "The Myth of Capitalism" authors took a look at how America's vast wealth inequality is related to increased market concentration over the past four decades.

Monopolies are the ‘missing piece of the puzzle’ when it comes to analyzing US inequality, investment researchers argue

The authors of "The Myth of Capitalism: Monopolies and the Death of Competition" say that less competitive markets are stifling the middle class.

Tesla has achieved something that nobody in the auto industry thought was possible

Tesla has developed a mini-monopoly in the auto industry, dominating the market for luxury all-electric cars.
Trump talks to Axios about ending birthright citizenship.

Trump says his administration is ‘looking at’ whether Amazon, Facebook and Google are violating antitrust laws

President Donald Trump says his administration's "looking at" if Google, Amazon, and Facebook are monopolies, but "that doesn't mean we're doing it."
Income inequality in the modern-day US has sparked a second Gilded Age, says one historian.

The United States is undergoing a second Gilded Age, and it shows the same struggle has defined America for 150 years

The current age of increasing inequality in America has many similarities to the Gilded Age of the late 19th century. And it reflects the constant tension between capitalism and democracy, says historian HW Brands.
Nobel-prize winning economist Joseph Stiglitz speaks about the release of a new report he authored that was published by the Roosevelt Institute May 12, 2015 in Washington, DC. The report, titled 'New Economic Agenda for Growth and Shared Prosperity', discusses the current distribution of wealth in the U.S. and offers proposals for modifying that distribution.

Nobel Prize-winning economist Joseph Stiglitz says the US has a major monopoly problem

Economist Joseph Stiglitz says that a concentration of market power is driving inequality and slowing economic growth in America.
Customers at a CVS store and pharmacy in Cambridge, Massachusetts, on December 4.

What CVS is doing to mom-and-pop pharmacies in the US will make your blood boil

Mom-and-pop pharmacies on the verge of going out of business blame CVS. They've rallied lawmakers — both Democrats and Republicans — to help.