Will trust-busting make a comeback? (E1358)
Max and Stacy discuss Elizabeth Warren introducing anti-trust into the presidential policy debate conversation for the first time since Teddy Roosevelt. Since the 1980s and the Chicago school, US politicians and regulators have only looked at whether or not corporate monopolization and/or concentration increase prices. If prices remain low, then regulators have turned a blind eye to monopoly power. Max and Stacy then look at the decline in small business formation in the age of corporate concentration as incumbent monopolies keep out the competition through such things as lobbying for regulatory barriers to entry. Now that Warren has introduced the topic to the debate, can Amazon, Google, and Facebook escape greater scrutiny regardless of whether or not she is nominated?
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