The “consumer welfare” approach to antimonopoly is the main contributor to the extreme and dangerous concentrations of power that Americans face today. In place of this vague, subjective, easily manipulated, and fundamentally corrupt framework, we propose a system of simple rules that is true to the original American approach to building and protecting an open and democratic society.
Read MoreOpen Markets Legal Director Sandeep Vaheesan published an op-ed on Financial Times' Alphaville explaining why America's prosperity depends on stopping mega mergers. He looks at the proposed T-Mobile-Sprint merger and makes the case as to how this merger will not only further concentrate and wireless market from four big players to three but subsequently harm the public by raising prices and workers in the industry by resulting in lower wages.
Read MoreDavid Dayen reports the story of Shaoul Sussman, a law student at Fordham University, who may be able to prove Amazon profitably engages in predatory pricing. “It’s long overdue for a rethinking of predatory pricing,” says Open Markets Institute fellow Matt Stoller.
Read MoreWelcome to The Corner. In this issue, we discuss why the FTC had to spend two years proving that it was illegal for a drug monopolist to pay off its competitor. And we share two new feature articles by Open Markets team.
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