In 1989, Sir Tim revolutionized the online world. Today, in the era of misinformation, addictive algorithms, and extractive monopolies, he thinks he can do it again.
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There's a cynical strategy: the government could be about to break up Facebook’s empire. Zuck needs Trump to stop it.
After decades of consolidation, just four firms now control at least 97 percent of the $68 billion frozen potato market. A new spate of antitrust lawsuits accuses them of brazen price-fixing.
The report highlights how market concentration in key sectors, such as the trading of agriculture commodities, has grown since 2020, deepening the asymmetry between the profits of top multinational enterprises and declining labour share globally.
For-profit hospitals jacking up prices matches a similar story of predatory corporate practices on grocery costs and housing prices. It's not market supply and demand. Corporate giants have figured out how to rip people off more effectively.
“Monopolies not only have economic power, but use that power to buy political power,” she tells The Lever’s David Sirota.
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Dollar General is stealing from their customers. It’s a major scam that’s siphoning hundreds of millions of dollars from the poorest people in America.
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