RE: https://mastodon.social/@thejapantimes/116479811948526168

#America: This is what happens when you #fail to #BreakUpBigTech & it won't stop.🤦‍♂️👇

"The #legislation, called the “Based Act,” emerged from an unusual alliance of “little tech” advocates, including influential startup incubator Y Combinator & the army of small companies it backs, along with #consumer groups. Sponsored by state Sen. Scott Wiener, a San Francisco Democrat & a leading voice on #tech #regulation in #California"
👇 #antitrust #ProCompetition

Biden files, Trump sabotages, state AGs for the win…

“the anti-monopoly movement has bagged an important scalp. #Ticketmaster was an iconic symbol of corporate lawlessness; the fact that they are now liable for lawbreaking says to all Americans that justice is possible against the powerful.”

Next? The #NexstarTEGNA merger and the #ParamountWarner merger

https://www.thebignewsletter.com/p/boom-ticketmaster-guilty-of-monopolization

#Economics #AntiTrust #ProCompetition

@pluralistic , thanks for highlighting the Biden admin's important initiatives reinvigorating US competition enforcement.

72 items!

In 2021, the Biden admin published an "executive order on competition, laying out a 72-point program for using existing powers vested in the administrative agencies to break up corporate power and get the monopolist's boot off Americans' necks:"

"The Competition EO is basically a checklist...

https://pluralistic.net/2024/07/18/the-bell-system/

#Antitrust #ProCompetition #PoliEcon