Entrepreneurship is essential to economic progress and to upward mobility. But market concentration in the services, retailing, and light manufacturing industries has removed the incentive for small business owners to innovate, compete, and invest in research and development.
The letter, signed by Open Markets, the Authors Guild, PEN America, and addressed to Assistant Attorney General Makan Delrahim, explains how the combination of Quad and LSC is a merger-to-monopoly in the long-run magazine printing market and an anticompetitive merger in the book printing market.
MWC 2019: Huawei Politics, Robots and Speedy 5G The New York Times,Adam Satariano The American-led campaign against Huawei hung over the giant tech conference in Barcelona. But most attendees were focused instead on new mobile phones and ultrafast wireless networks.
Today, the Open Markets Institute joined five law professors and one public interest group in a letter to the National Labor Relations Board criticizing a proposed rule that would make it harder for workers to organize and collectively bargain with franchise businesses.
Successful ideological entrepreneurs change policy-makers’ focus and their presumptions. Those on the right, in particular, have been very effective at shifting attention from core confrontations of capital and labor to peripheral conflicts among laborers. We see this repeatedly in inequality policy, where fundamental tensions between capital and labor are ignored, obfuscated, or trivialized by a tidal wave of technocratic reframing.
Obama-era technocrats and Trump cronies may not agree on much, but they have made common cause against occupational licensing. That focus undermines important social objectives while obscuring far more important problems in the labor market. In this post, we cover the basics of licensing, and then reframe current attacks on it. In our next post, we will explain why licensing’s mix of consumer protection and labor market stabilization is a legitimate policy option for a wide range of occupations.
Monopoly power is all around us: as consumers, business owners, employees, entrepreneurs, and citizens. When we purchase everything from washing machines to groceries, website domains to medical supplies, and even when we select a coffin for a recently deceased loved one, we are constrained by the small set of actors who increasingly control America’s commerce.