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#monopolies

2 posts2 participants0 posts today

"The corollary is that just because Trump has dismantled the agencies that were buoyed up by the movement, it doesn't make the movement itself smaller or less powerful. If anything, the Trump regime's relentless pursuit of an agenda in service to the rich at working people's expense will only add fuel to the anti-corporate, anti-billionaire wildfire. Trump's tariff chaos might be bad for some parts of the ruling class, but as Van Jackson writes for Labor Notes, there's plenty of plutocrats who love the prospect of a deep recession sparked by global trade chaos:

[L]avish tax cuts, deregulation, and an environment friendly to union-busting are just as valuable to most CEOs as a growing economy. What they lose in the stock market, they will more than make up in surplus labor, a fire sale on distressed assets, and Trump’s promise to totally eliminate the capital gains tax.
(...)
American wealth is more concentrated today than it was in France on the eve of the French Revolution. People are pissed. That anger is out there, waiting to be harnessed by smart political movements:
(...)
To grab that anger and mobilize it, we need to show people that their rage over specific issues is actually downstream of excessive corporate power. Furious that one company owns every brand of eggs and has used the excuse of bird flu to make record profits? You're not angry about eggs, you're angry about corporate power:"

pluralistic.net/2025/04/10/sol

pluralistic.netPluralistic: The most remarkable thing about antitrust (that no one talks about) (10 Apr 2025) – Pluralistic: Daily links from Cory Doctorow

Court ruling rattles🇹🇭
"Notably Pirongrong was among e minority #NBTC commissioners who earlier opposed the #TrueDtac #telecom merger to prevent #monopolies. For some #legal experts, e verdict raised more qns than it answered.. Why is a #public official fulfilling her constitutional duty to protect #consumers facing criminal charges when no corruption or personal gain is involved?. a 2yr prison term w/o suspension? Who'll dare enforce #regulations to protect e public now?"
bangkokpost.com/opinion/opinio

Bangkok Post · Court ruling rattles legal expertsBy Sanitsuda Ekachai

A thread about 'bread'. Imagine this: we all go to the supermarket for bread. There are four kinds of bread available: white, brown and brown or white sliced. I'm a big fan of white sliced! I always buy it. The plastic bag it comes in isn't that great for the environment but it's useful! I find things I can use it for. I eat 6 slices of bread a day, just like the old ad's recommend 😀

#bread #bigtech #platforms #monopolies #mastodon #bluesky #meta #x #microsoft #apple
[1/8]

Continued thread

#JaredWesley: "That earlier [populism] united religious folks, farmers, workers, and #smallbusiness owners against churches, #corporate #monopolies, banks, and distant #governments that controlled their lives. Through protests, #cooperative movements, and #unions, Westerners sought to democratize power and opportunity for themselves. Today’s #populism defines “the people” by who doesn’t belong; the earlier wave [challenged] concentrated power to benefit all who labored."

open.substack.com/pub/drjaredw

Decoding Politics · Western Alienation 2.0By Jared Wesley

"The trends for Walgreens aren’t good - it has closed a thousand stores since 2018, and plans to shut 1,200 more this year. And if you look at the gross operating income of the U.S. retail segment, it is collapsing.

I put these charts together based on data in Walgreen’s annual reports.
What’s going on? Well that’s simple. Margins are falling apart.

Galloway and Elson went back and forth on why Walgreens is flailing. The company hasn’t modernized in the age of Amazon. It has too many stores. Bad management. A dumb acquisition of VillageMD in 2021. Etc. And these would seem like reasonable causes, since lots of other retailers are dying in the face of low price competition.

But the real reason Walgreens, and the pharmacy business in general, is dying, is because of a failure to enforce antitrust laws against unfair business methods and illegal mergers. Elson touched on it when he mentioned lower reimbursement rates, but I don’t think people appreciate the full scope of what happened to Walgreens, and to the full pharmacy business in general. This is not a case of bad management, it’s a case of desperate management."

thebignewsletter.com/p/the-rea

Probably the only acceptable choice made by Trump until now...:

"Among the loyalists selected by Donald Trump to staff his second administration, Gail Slater stands out for a different reason: she unites right and left with a sceptical view of big business.

While the US president’s other nominees tend to be traditional conservative free market advocates, Slater, his pick to lead the Justice Department’s antitrust division, is expected to maintain the Biden administration’s vigorous approach to enforcement — much to Wall Street’s chagrin.

In public remarks and written submissions to lawmakers, the 53-year-old Oxford graduate has expressed concern about market concentration and said enforcement should be focused on technology and sectors with a direct impact on Americans’ pocketbooks.

Slater embodies the unlikely alignment of progressives who support tough antitrust enforcement and a new generation of populist conservatives helmed by vice-president JD Vance, who has called for the break-up of Google."

ft.com/content/769709d5-f897-4

"I believe that enshittification is caused by changes not to technology, but to the policy environment. These are changes to the rules of the game, undertaken in living memory, by named parties, who were warned at the time about the likely outcomes of their actions, who are today very rich and respected, and face no consequences or accountability for their role in ushering in the enshittocene. They venture out into polite society without ever once wondering if someone is sizing them up for a pitchfork.

In other words: I think we created a crimogenic environment, a perfect breeding pool for the most pathogenic practices in our society, that have therefore multiplied, dominating decision-making in our firms and states, leading to a vast enshittening of everything.

And I think there's good news there, because if enshittification isn't the result a new kind of evil person, or the great forces of history bearing down on the moment to turn everything to shit, but rather the result of specific policy choices, then we can reverse those policies, make better ones and emerge from the enshittocene, consigning the enshitternet to the scrapheap of history, a mere transitional state between the old, good internet, and a new, good internet."

pluralistic.net/2025/02/26/urs

pluralistic.netPluralistic: With Great Power Came No Responsibility (26 Feb 2025) – Pluralistic: Daily links from Cory Doctorow