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Hiltzik: Biden's antitrust opportunity - Los Angeles Times


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It’s already clear that the Biden administration intends not merely to eradicate any trace of Trumpism from American politics, but to return government economic policy to the inclusive traditions of the New Deal.
That’s evident from the scope of the American Rescue Plan’s support for working families grappling with the effects of COVID-19, and the support for job-training, home-care workers and union membership in Biden’s infrastructure proposal.
But Biden has another sterling opportunity to make American society more equitable: by reviving antitrust enforcement.
Forty years of weak antimonopoly policy has led to such extreme concentration that case-by-case efforts will not lead to decentralization quickly enough. We need new tools to enable break-ups. ....

United States , White House , District Of Columbia , Michael Hiltzik , Thurman Arnold , William Kovacic , Georgew Bush , Robert Mccormick , Tim Wu , Zephyr Teachout , Mark Pryord Ark , Lina Khan , George Washington , Roberth Jackson , Franklin Roosevelt , National Economic Council , Justice Department , Chicago Tribune , Associated Press , Fordham Law School , Supreme Court , American Rescue Plan , Federal Trade Commission , Pulitzer Prize , Mark Pryor , New Deal ,

Michael Hiltzik: Biden could remake American society by reviving antitrust enforcement [Los Angeles Times :: BC-HILTZIK-COLUMN-ANTITRUST:LA]

Michael Hiltzik: Biden could remake American society by reviving antitrust enforcement [Los Angeles Times :: BC-HILTZIK-COLUMN-ANTITRUST:LA]
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Column: Biden could remake American society by reviving antitrust enforcement


Column: Biden could remake American society by reviving antitrust enforcement
Michael Hiltzik
© (C-SPAN)
Tim Wu of Columbia Law School, a critic of Big Tech, has been named a top economic advisor to the Biden White House. (C-SPAN)
It s already clear that the Biden administration intends not merely to eradicate any trace of Trumpism from American politics, but to return government economic policy to the inclusive traditions of the New Deal.
That s evident from the scope of the American Rescue Plan s support for working families grappling with the effects of COVID-19, and the support for job-training, home-care workers and union membership in Biden s infrastructure proposal. ....

United States , Los Angeles , White House , District Of Columbia , Thurman Arnold , William Kovacic , Georgew Bush , Robert Mccormick , Tim Wu , Zephyr Teachout , Mark Pryord Ark , Lina Khan , George Washington , Roberth Jackson , Franklin Roosevelt , Los Angeles Times , National Economic Council , Justice Department , Chicago Tribune , Associated Press , Fordham Law School , Supreme Court , Columbia Law School , Biden White , American Rescue Plan , Federal Trade Commission ,

Crime Shouldn't Pay: Why Big Tech Executives Should Face Jail


BIG by Matt Stoller
Mark Zuckerberg and Sundar Pichai need to be indicted.
Hi,
Welcome to BIG, a newsletter about the politics of monopoly and finance. If you’d like to sign up, you can do so here. Or just read on…
Today’s issue is about the various antitrust cases against Google and Facebook announced this week, and why it’s time to issue criminal indictments against the executives responsible for the bad behavior. Plus:
Legendary judge Jed Rakoff issues a ruling threatening private equity’s business model.
A BIG reader discusses the health care monopoly situation in New Jersey. ....

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