In the 19th and early 20th century, Americans struggled to craft public policies that could contain monopolistic power of railroad barons like Jay Gould and William Vanderbilt. Today, monopoly in transportation has again become a central issue of political economy, as “deregulation” and lack of anti-trust enforcement leads to a highly concentrated airline industry, and as newly-emerging technologies, from self-driving cars to ride-sharing apps, stand in danger of being captured and controlled by private monopolies.

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In America today, wealth and political power are more concentrated than at any point in our country’s history.

The Open Markets Institute, formerly the Open Markets program at New America, was founded to protect liberty and democracy from these extreme -- and growing -- concentrations of private power.

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