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In 2020, Dayen published Monopolized: Life in the Age of Corporate Power (2020), on the way monopolies define everyday life, presenting examples from different industries. [11] Bryce Covert, reviewing the book in The Nation , said, "Dayen shows [that] monopolies make it harder for workers to wield power when there are fewer and fewer employers ...
La Follette stated that his chief goal was to break the "combined power of the private monopoly system over the political and economic life of the American people", [3] and he called for government ownership of railroads and electric utilities, cheap credit for farmers, the outlawing of child labor, stronger laws to help labor unions ...
As is too often the case, it seems like the only monopolies that earn government approval are the ones it helps create. The post With U.S. Steel Decision, Biden Turned His Back on Opposing ...
The movement draws inspiration from the anti-monopolist work of Louis Brandeis, an early 20th century United States Supreme Court Justice who called high economic concentration “the Curse of Bigness” and believed monopolies were inherently harmful to the welfare of workers and business innovation.
Panama is a lynchpin to U.S. trade, with American ships accounting for roughly three-quarters of its canal traffic; about 40% of all U.S. container ships make their way through the channel. Canada ...
Jirat Teparaksa/Shutterstock.com. 6. De Beers. De Beers is one of the most controversial companies among the biggest monopolies of all time, which is saying something.
Standard Oil Co. of New Jersey v. United States, 221 U.S. 1 (1911) Standard Oil was dismantled into geographical entities given its size, and that it was too much of a monopoly; United States v. American Tobacco Company, 221 U.S. 106 (1911) found to have monopolized the trade. United States v.
American Ice was forced to reverse its decision due to the public outcry. Van Wyck's political rivals forced an investigation into the issue. It revealed that American Ice had secured an effective monopoly over the supply of its product to the city—it was the only company with rights to land ice at New York piers—and would have dramatically ...