As Joe Biden reaches the end of his presidency, there is one area where he undeniably turned the battleship: American antitrust law and policy... Biden's antitrust achievements mark a decisive moment in the history of the American anti-monopoly movement, and by extension, the nature of American capitalism.
Coming into office four years ago, Biden saw many reasons to undertake a major reboot. The main reason was the simplest: The problems that antitrust laws were originally intended to remedy... were glaringly obvious.
At the street level, Americans were (and remain) unhappy about things such as rising drug costs, the price of essential services, and other symptoms of an economy in which so many industries... had consolidated, in much of the country, into just a few firms.
#antitrust-policy #biden-administration #economic-inequality #market-competition #american-capitalism
Collection
[
|
...
]