Millionaire on Billionaire Violence
15 days ago
- #antitrust
- #regulation
- #corporate power
- Antitrust enforcement has seen a global resurgence after decades of inactivity, puzzling political scientists.
- The resurgence is partly due to conflicts between rentier and capitalist corporations, with smaller companies fighting against the monopolistic practices of larger ones.
- Public sentiment against corporate monopolies plays a critical role in tipping the scales towards antitrust actions.
- The EU's Digital Markets Act and Digital Services Act exemplify strong regulatory actions against Big Tech, supported by local tech industries.
- Corporate concentration and monopolistic practices are seen as key contributors to corruption and fascism, necessitating long-term strategies to combat them.