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The anti-monopoly movement has been a struggle for the past 70 years, but has managed to notch some wins. However, the digital economy has only recently come in
by SavantIdiot 5y ago
The anti-monopoly movement has been a struggle for the past 70 years, but has managed to notch some wins. However, the digital economy has only recently come into focus that aligns with past understand of monopoly (legal). As a result, the anti-monopoly movement floundered in the start of the 21st century. Here is a great overview from the Harvard Business Review:
https://hbr.org/2017/12/the-rise-fall-and-rebirth-of-the-u-s-antitrust-movement https://hbr.org/2017/12/the-rise-fall-and-rebirth-of-the-u-s...
The reason why this committee is bipartisan, I believe, is because social progressives on one side and free-market conservatives on the other are finally seeing the problem with today's monopolies. (Unfortunately this is just one giant problem out of many giant problems facing modern government, so maybe let's not position it as, "well if they can't fix X they shouldn't bother to fix Y and Z.")
I'm most interested in the platform monopoly legislation. There's an entire new legal vocabulary required to even talk about this. Or so I think.